Lot 2 Kendall Hill 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 |
|---|---|---|---|
| Apr 20, 2010 | Sold | ||
| Sold | |||
| Jul 12, 2008 | Listed by Squanicook Associates Real Estate | $84,900 | |
| Listed by Squanicook Associates Real Estate | |||
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Kendall Hill Road is located off Rt 31 and thus offers a building opportunity that means easier commuting. We have a 4 bedroom design and permit (10-23-06) in hand. We can recommend a builder or bring your own. This is a high and dry lot with percs that are "sandy loam and loamy sand". The septic system has been estimated (1-21-07) at just under 20K and is a "gravity flow system".
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017