199 Mendon Rd. (Lot 4)
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 1, 2020 | Sold | ||
| Sold | |||
| Apr 2, 2020 | Sold | ||
| Sold | |||
| Jan 6, 2020 | Listed by Emerson REALTORS® | $155,000 | |
| Listed by Emerson REALTORS® | |||
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BUILD YOUR DREAM HOME ON THIS FLAT 4+ ACRE LOT.. READY TO GO. The area is private, yet up and coming, and newer homes are being built in the surrounding area. The police station, multiple schools, and town hall are close by. This is an incredible value to build your own design on a flat lot with plenty of space. BRING YOUR PLANS AND LIVE IN BEAUTIFUL SUTTON.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017