Lot 3 Brookfield Ln
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 4, 2015 | Sold | ||
| Sold | |||
| Apr 19, 2010 | Listed by Jeffrey R. Allaire | $160,000 | |
| Listed by Jeffrey R. Allaire | |||
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Excellent opportunity to purchase this beautiful approved building lot in Brookfield Estates, a premier subdivision located near the Wrentham line with excellent access to route 495. This 1.56 acre lot is ready to build on with approvals in hand. Picturesque lot is located off Locust Street near the Wrentham line. Small 8 lot subdivision overlooking Jenks Reservoir near Bungay Brook Golf Club. Developer will sell lot or custom build a home with approved plans.
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Address: 335 Madison Avenue, New York, NY 10017