229 N HIGHWAY 17
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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 |
|---|---|---|---|
| Sep 8, 2026 | Listed by RE/MAX SIGNATURE | $115,000 | |
| Listed by RE/MAX SIGNATURE | |||
| Feb 18, 2022 | Listed by WATSON REALTY CORP | $85,000 | |
| Listed by WATSON REALTY CORP | |||
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This is vacant commercial land on a busy 4 lane highway with 149 ft of road frontage just north of Highway 100 north of downtown There are no improvements on the property. This property would be great for a small business or possibly a large billboard.
The property is 149x229.
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| Dec 12, 2019 | Listed by VILANO BEACH TOWN CENTER REALTY | $74,240 | |
| Listed by VILANO BEACH TOWN CENTER REALTY | |||
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Four adjacent commercial lots located on Highway 17 North near the intersection of Highway 100 West. Good location for commercial use on major highway or use for individual lots.
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| Jan 4, 2019 | Listed by VILANO BEACH TOWN CENTER REALTY | $74,240 | |
| Listed by VILANO BEACH TOWN CENTER REALTY | |||
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Four adjacent commercial lots located on Highway 17 North near the intersection of Highway 100 West. Good location for commercial use on major highway or use for individual lots.
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About Putnam
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017