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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 24, 2025 | Listed by Samson Properties | $8,500 | |
| Listed by Samson Properties | |||
| Jan 1, 2023 | No longer available | - | |
| No longer available | |||
| Dec 29, 2022 | Relisted | $4,500,000 | |
| Relisted | |||
| Dec 2, 2022 | No longer available | - | |
| No longer available | |||
| Jan 13, 2022 | Listed by Realty FC | $4,500,000 | |
| Listed by Realty FC | |||
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Two parcels equaling 13.05 acres, 1200+ feet PRIME route 50 road footage!!!! Thousands off vehicles pass this location daily!!! Currently zoned RA to save on taxes, a Mixed-Commercial use site plan and re-zoning have been initiated. This prime lot is located directly across from the Wal-Mart/ Tractor Supply shopping center. Other neighboring businesses include AppleBees, BoJanles, Dunkin Dounts & Bank of Clarke County. These well know chain restaurants/shopping/banking all directly face this lot as well. And if that's not enough, this lot is also less than a mile from the hospital and all Valley Health medical offices.This location has endless possibilities to make you MONEY!!! Call today for more details!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017