2485 Piney Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 1, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 29, 2026 | Listed by Coldwell Banker Boyd & Hassell | $234,900 | |
| Listed by Coldwell Banker Boyd & Hassell | |||
| Mar 10, 2026 | Sold | ||
| Sold | |||
| Feb 10, 2026 | Listed by Chase Gray Realty LLC | $30,000 | |
| Listed by Chase Gray Realty LLC | |||
| | |||
|
This .43-acre lot offers a fantastic opportunity to build or place the home you want, with almost the entire property already cleared and ready to go. A septic system is already installed, saving you time and upfront costs, and the property has public water access available. One of the biggest perks? No land restrictions. Whether you’re planning to place a manufactured home, build a site-built house, or explore other possibilities, you have the freedom to make this property your own. With key utilities in place and flexible use options, this lot is ideal for a primary residence, investment, or future development. Bring your plans and take advantage of this ready-to-use piece of land.
| |||
| Jan 21, 2026 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017