243 & 245 GEORGETOWN DENVER 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 |
|---|---|---|---|
| Feb 24, 2026 | Sold | ||
| Sold | |||
| Sep 4, 2025 | Listed by BEACH STATE REALTY | $30,000 | |
| Listed by BEACH STATE REALTY | |||
| Mar 1, 2025 | Relisted | $16,000 | |
| Relisted | |||
| Sep 22, 2024 | No longer available | - | |
| No longer available | |||
| Mar 20, 2024 | Listed | $16,000 | |
| Listed | |||
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Zoned R-2 for new construction or mobile home. Located in Paradise Lakes Subdivision with access to a community boat ramp to Lake George and the St Johns River plus a dock and camping area. County map shows no wetland or flood zone. Buyer is advised to contact Putnam County Planning and Zoning to verify their intended use. Only a survey will show the exact location of the property. Lot #12 next to this lot is also available and, combined, they would equal almost a half acre.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017