29851 Lilac Rd
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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Listed by Sunshine Properties RealEstate | $450,000 | |
| Listed by Sunshine Properties RealEstate | |||
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Discover 10.43 acres of breathtaking, park-like land featuring a year-round running creek, majestic oak trees, unique boulders, and expansive usable acreage. This picturesque property offers paved access, a water meter, connected power, and an artesian well on-site. A nearby fire hydrant enhances convenience and safety, giving you a strong foundation to create your dream property. Zoned Residential Agriculture (SR2), the property offers versatility for potential uses, and the large, usable canvas is brimming with character and possibilities. Whether you’re envisioning a private retreat, agricultural pursuits, or a custom-built home, this land provides an incredible opportunity to bring your vision to life. The tax rolls reflect a 640 sq. ft. manufactured home, but it is non-livable and requires removal due to an active code violation. Additionally, unpermitted grading has resulted in another violation, making this property a land-value opportunity requiring cash purchase.
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| Mar 25, 2019 | Sold | ||
| Sold | |||
| Dec 23, 2018 | Listed by Krueger Realty | $299,000 | |
| Listed by Krueger Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017