Lot 2 Old Poor Farm 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 |
|---|---|---|---|
| Dec 29, 2005 | Sold | ||
| Sold | |||
| Aug 25, 2005 | Listed | $305,000 | |
| Listed | |||
| May 9, 2005 | Listed by RE/MAX Connections | $274,900 | |
| Listed by RE/MAX Connections | |||
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New Construction to be built on level lot in nice quiet courntry location. Will have 12x12 deck, gas fireplace & Hardwood floors downstairs & wall to wall carpet upstairs. Walkout Basement & 2 Car attached Garage. Could be built to suit for more or less money. Call to discuss options. Allowances include-$1,000 for appliances, $800 for Lighting & $20 per yard for carpeting.
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| Apr 23, 2005 | Sold | ||
| Sold | |||
| Feb 10, 2005 | Listed by Century 21 Moulton R.E. | $59,000 | |
| Listed by Century 21 Moulton R.E. | |||
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This 2.49 acre lot is within 6 minutes of Ware center. It slopes upward from the road and has potential views to the east. Land has been perced and documents are in hand (2001).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017