27 Hoppenstedt 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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2023 | Listed by HomeSmart Homes & Estates | $125,000 | |
| Listed by HomeSmart Homes & Estates | |||
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"Discover the perfect canvas for your dream home! This exceptional vacant lot boasts 2.6 acres of prime real estate, offering endless possibilities to create your ideal living space. Imagine the potential as you explore a previously approved buildable lot, complete with available engineering plans that can be easily shared. Situated in a tranquil and picturesque setting this property presents a rare opportunity to design and build your own oasis. Whether you envision a spacious residence, a charming cottage, or a contemporary architectural masterpiece, the expansive lot provides ample room for your imagination to flourish. Enjoy the convenience of nearby amenities while relishing the serenity of a peaceful neighborhood. Embrace the freedom to customize every detail of your future dwelling, from layout to landscaping, and turn your vision into reality. Don't miss your chance to own this remarkable piece of land, where potential meets possibility.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017