20 Pearl 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 |
|---|---|---|---|
| Oct 7, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2022 | In contract | - | |
| In contract | |||
| Sep 27, 2022 | Relisted | $49,900 | |
| Relisted | |||
| Sep 17, 2022 | In contract | - | |
| In contract | |||
| Apr 5, 2022 | Listed by LAER Realty Partners | $49,900 | |
| Listed by LAER Realty Partners | |||
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Located a stone's throw from Lake Watatic which consists of 200 acres with private access for Association members. This lot consists of 1.73 acres and is very private. Soil testing was recently completed and is attached. A septic design and permit is what is needed in order to build. For more Lake Watatic Association info, go go http://www.wataticlakeassociation.org/
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017