212-226 Third Range 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 |
|---|---|---|---|
| Feb 18, 2022 | Sold | ||
| Sold | |||
| Oct 18, 2021 | Listed by RE/MAX Area Real Estate Network | $150,000 | |
| Listed by RE/MAX Area Real Estate Network | |||
| | |||
|
Opportunity strikes.. 24 acre lot with development potential for possibly 5 lots or a nice large estate lot for a single family home.Gently sloping westerly, there is 2.5 ac wetland. Lots of frontage on class 6 road and ROW.
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| May 20, 2021 | Listed by RE/MAX Area Real Estate Network LTD | $150,000 | |
| Listed by RE/MAX Area Real Estate Network LTD | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017