2024 CATHERINE Lane
About This Property
Whether you're looking for your next fix-and-flip, buy-and-hold rental, or a property to renovate and make your own, this one checks all the boxes. Prefer a fresh start? Remove the existing mobile home and replace it with a new manufactured home or build your dream home (buyer to verify zoning and building requirements).
The home is in need of renovation, but the power is on, the well and septic appear to be functioning, and the property is ready for its next chapter. With existing utilities already in place and the lot sitting high and dry, this property provides an excellent foundation for your investment plans.
Opportunities with this much flexibility are becoming harder to find. Bring your vision and unlock the potential this Middleburg property has to offer!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Listed by EXIT INSPIRED REAL ESTATE | $110,000 | |
| Listed by EXIT INSPIRED REAL ESTATE | |||
| Dec 18, 2015 | Sold | ||
| Sold | |||
| Nov 2, 2015 | Listed by EXIT INSPIRED REAL ESTATE | $19,900 | |
| Listed by EXIT INSPIRED REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017