Lots 11.1 & 11.2 Hillside 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 |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Aug 27, 2023 | In contract | - | |
| In contract | |||
| Aug 8, 2023 | Listed by Keller Williams Upstate NY Properties | $79,900 | |
| Listed by Keller Williams Upstate NY Properties | |||
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Lots 11.1 & 11.2 Hillside Road...A unique opportunity to own a prepared residential build-site just 1/2 mile from the village of Andes. The 7.7 acre parcel is nestled on a town-maintained, dead-end road and includes two west facing, wooded lots with 745’ of road frontage and seasonal views. The property is being delivered with a cleared building site & new driveway. Perc tests were successfully completed on both lots in June 2023, and NYSEG Electric is accessible from the road. Close proximity to skiing at Belleayre and Plattekill, hiking trails, kayaking and farmers' markets. Just 2.5 hours from the GWB!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017