201 Josey Lane
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 |
|---|---|---|---|
| Mar 16, 2021 | Sold | ||
| Sold | |||
| Jan 7, 2021 | Listed by Hi View Real Estate | $100,000 | |
| Listed by Hi View Real Estate | |||
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Special zoning in place for this 1.1 acre lot - it can be office space, but the property was approved for a daycare facility. The plan is in place, but City of Red Oak will allow for single family residence too. The minimum is 1500ft. There is road frontage on three sides and any house built will have their driveway off of Josey Lane. Buyer to verify all utilities, proposed use, regulations, rules and restrictions with the City of Red Oak.
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About Josey Acres
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14495685
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017