2248 Providence Road
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 23, 2026 | Listed by Realty Concierge International | $249,900 | |
| Listed by Realty Concierge International | |||
| Nov 2, 2025 | No longer available | - | |
| No longer available | |||
| Apr 9, 2024 | Listed by Realty Concierge International | $235,000 | |
| Listed by Realty Concierge International | |||
| | |||
|
Great Opportunity Here! Currently this property has a small (900 sqft-approx.) shop on it. Very good visibility with plenty of traffic on Rte. 122. If you have a business that would benefit by having its own storefront, this could be the place for you. However, the owner also has town approved plans for a Quadraplex to be built at this site too. Plans in hand. Buyer would need to go before town boards to finalize plan and do their due diligence. Town water and sewer. Come check it out.
| |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017