240 Stevens Road
About This Property
Property taxed under agricultural tax valuation for 2019 and prior years. Buyer makes no representation or warranty regarding pre-closing use of property by Seller. Buyer responsible for rollback taxes, if any, irrespective of whether such rollback is assessed due to the fault of Seller. No mineral rights go with 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 8, 2021 | Sold | ||
| Sold | |||
| Feb 5, 2020 | Listed by City Real Estate | $162,500 | |
| Listed by City Real Estate | |||
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Country living, Solid deed restrictions keeps area as beautiful as your new build. Build your private grand estate close to city yet have the privacy you desire. Nothing else like this in the area. Buyer to verify schools and all property details.
Property taxed under agricultural tax valuation for 2019 and prior years. Buyer makes no representation or warranty regarding pre-closing use of property by Seller. Buyer responsible for rollback taxes, if any, irrespective of whether such rollback is assessed due to the fault of Seller. No mineral rights go with this property.
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14275191
Details provided by NTREIS and may not match the public record
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Address: 335 Madison Avenue, New York, NY 10017