23651 Bays Chapel 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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | In contract | - | |
| In contract | |||
| Jan 7, 2024 | No longer available | - | |
| No longer available | |||
| Jan 7, 2024 | Listed by Green & Associates Real Estate | $169,000 | |
| Listed by Green & Associates Real Estate | |||
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Great piece of property that is almost 5 acres, located in northern Montgomery County and Richards ISD. Set atop a hill, this property has great views with the rolling hills in the area. There are two entrances on the property already in place and set up for a big circle driveway or could be the perfect set up to build two houses. Come out to the country and take a look and enjoy some extra land to spread out on.
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| Mar 2, 2023 | Listed by Green & Associates Real Estate | $177,341 | |
| Listed by Green & Associates Real Estate | |||
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Beautiful piece of property located in Northern Montgomery County, with a low tax rate of 1.8!! This property is unrestricted and could be prefect for those looking to build a couple houses as there are two driveways already in place. In this area you will find lots of rolling hills and gorgeous views. Located in Richards ISD with lots of road frontage, this piece of property is waiting for you to call home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017