194 Pimlico Pond Road
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 23, 2021 | Sold | ||
| Sold | |||
| Mar 30, 2012 | Sold | ||
| Sold | |||
| Mar 25, 2011 | Listed by LAER Realty Partners | $199,000 | |
| Listed by LAER Realty Partners | |||
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This site is contoured to provide options for building; is nicely wooded with seventy feet of pond frontage and overlooking scenic Wakeby Pond and offered for the first time. It has 1.97 acres with 150 feet of road frontage providing easy access for site development. Initial engineering certifies the lot as "buildable". Percolation test and permitting will be at Buyer's option and expense.
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| Jul 31, 1997 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017