Lot 15.2 Neale 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 |
|---|---|---|---|
| Aug 19, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by LAER Realty Partners | $49,900 | |
| Listed by LAER Realty Partners | |||
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ELEVEN ACRES has plenty of frontage, with a lane leading from the road to a large clearing surrounded by woods with a brook near the back of the property. The clearing is overgrown because it is summer. Formerly used for raising livestock, this clearing has electricity from the road, a shallow dug well for watering animals, and an old trailer used to store feed and equipment. Clean up the clearing, and you have a beautiful and private setting for a new home. Be out in the country, but have easy access to commuter routes, and local elementary school.
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| Jan 10, 2018 | Sold | ||
| Sold | |||
| May 28, 2004 | Sold | ||
| Sold | |||
| Aug 29, 2003 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017