Lot 23-25 Hells Gate Loop
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 1, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | Listed by Williams Trew Real Estate | $120,000 | |
| Listed by Williams Trew Real Estate | |||
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Build your dream home or investment property in coveted Sportsmans World. There is an abundance of space on this mostly level lot with almost two-and-a-half acres for spreading out and is conveniently located around the corner from the full service marina. Currently, this beautiful property is platted as one lot but can be re-platted into 3 lots. Enjoy a community pool, clubhouse, tennis and playground. Additionally, for your convenience, Sportsmans World has its own airport and horse barns. A survey is available. Call the listing agent with any questions regarding this opportunity to won your own piece of lake paradise!
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| Jul 25, 2022 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed by Gibson Realty Group, LLC | $100,000 | |
| Listed by Gibson Realty Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017