ACADEMY HILL LOT 3
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 |
|---|---|---|---|
| May 6, 2021 | Sold | ||
| Sold | |||
| Nov 19, 2020 | Listed by CORCORAN COUNTRY LIVING RH | $375,000 | |
| Listed by CORCORAN COUNTRY LIVING RH | |||
| | |||
|
On bucolic Academy Hill Road just beyond Ferris Lane in Milan lies this 32 acre parcel with frontage on Academy. This parcel elevates from Academy Hill, offering incredible views. There is a curb-cut on Academy Hill Road, making it ideal for a possible 2 or 3 home development or a beautiful estate, privately perched on the hillside overlooking the Hudson Valley.
| |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017