19 Wapping Rd
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 20, 2018 | Sold | ||
| Sold | |||
| Feb 11, 2016 | Listed by Tarantino Real Estate | $1,450,000 | |
| Listed by Tarantino Real Estate | |||
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A developer with vision could transform this prime former farmland bordering the Jones River into a unique upscale subdivision. The parcel consists of gentle wooded hills, a gorgeous stone wall, & verdant pastures that hosted grazing cows in days gone by. The majority of front and middle sections of the property is generally street grade and rolls upward in the rear section. A section of frontage consisting of an open grassy field is on Route 106. An Engineer's Site Plan (see attached) prepared for the seller in 2011 indicates just over 13 acres are uplands, 6+ wetlands and buffer areas. It suggests a possible 14 lot subdivision (at cost of $136k per lot) or 20 detached PRD condos. A second access way is afforded by a 50' wide 'paper street' called MacFarlane Way off of Rt 27. It's also accessible via Mary Lou Terrace, recently made a public road. Kingston boasts a renovated high school & is conveniently situated between Boston & Cape Cod. Commuters can easily access Rt 3 and rail.
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| Sep 26, 1994 | Sold | ||
| Sold | |||
| Jun 10, 1994 | Listed by Tarantino Real Estate | $214,900 | |
| Listed by Tarantino Real Estate | |||
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5 ACRE RETREAT, RIVER FRONT LOCATION - PRIVATE SETTING. NATURAL, PEACEFUL GROUNDS. RAISED PANEL WAINSCOATING, PINE FLOORS, CHERRY CABINET KITCHEN, MAGNIFICENT MANTELED FP IN CATHEDRALED, BEAMED LIVING ROOM. DOGS NEED ATTENDING TOO!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017