Lot 22 Brigham St
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 |
|---|---|---|---|
| May 19, 2022 | Sold | ||
| Sold | |||
| Aug 8, 2021 | Listed by Century 21 North East | $249,900 | |
| Listed by Century 21 North East | |||
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Fantastic views from the top! This large parcel is just waiting for you to build an amazing home with a level area at the top of the 5.6 acres parcel. Wooded lot is sloped and across street from Jericho Hill park. This wooded lot has engineering concept drawings (see attachments) for a single home at street level, a driveway layout for a home placement at the top of the land, and a concept for multiple homes/lots. *Note that multiple lot layout will need city approval* Seller willing to work with Buyer to consult with engineer and city if desired. Feel free to walk the land and ask questions as needed. Engineering concepts and estimated costs can be discussed if interested in more information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017