255 Osprey Place
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 |
|---|---|---|---|
| Aug 21, 2025 | Listed | $250,000 | |
| Listed | |||
| | |||
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This property presents a prime investment opportunity. It was purchased with the intent to remove the existing structure and rebuild. The seller is unable to proceed due to other ongoing projects. No permits have been pulled, and no work has been completed. All inquiries regarding future development should be directed to the Jackson Building Department. This is a drive-by viewing only; please do not enter the property. An excellent option for investors or builders seeking a redevelopment project in Jackson.
| |||
| Sep 28, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | Relisted | $115,000 | |
| Relisted | |||
| Sep 7, 2023 | Price Increased |
$115,000
↑ $15K
(15.1%) | |
| Price Increased | |||
| Sep 3, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017