26457 Rice 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 |
|---|---|---|---|
| Mar 9, 2021 | Sold | ||
| Sold | |||
| Nov 27, 2019 | Listed by eXp Realty, LLC | $275,000 | |
| Listed by eXp Realty, LLC | |||
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This is approximately 8.56 acres being divided out of a 19.95 acre plat. This will be a rectangle piece approximately 401 frontage and 930 ft deep. This lot has been used for cattle and has a few trees in the front and the back but mostly cleared and can be used for a homestead or to care for your horses. The lot is partially fenced. The front, left, and back are fenced and will need to be fenced partially on the right side. There is no flood zone on the property according to the flood maps. Whole piece of land is in Zone X
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017