Lot 21 ALMA 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 |
|---|---|---|---|
| Apr 8, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
| Mar 5, 2024 | Listed by EXP Realty, LLC | $55,000 | |
| Listed by EXP Realty, LLC | |||
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Affordable, water-access land on the public-side of Lake Anna. This lot is located in Scott McCoy Subdivision, one of the few neighborhoods that allow on-site RVs. This lot does not come with a designated boat slip, but does have full access to the boat ramp, beach area, playground, and pavilion. By water, this lot is less than 1 minute from "The Sandbar" on the north end of the lake and about 5 minutes from the Lake Anna Boardwalk, where Tim's at Lake Anna, Moo Thru, and Putt-Putt is located.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017