Lot 3 Saunders Street
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 |
|---|---|---|---|
| Feb 17, 2023 | Sold | ||
| Sold | |||
| Feb 5, 2023 | In contract | - | |
| In contract | |||
| Sep 23, 2022 | Listed by LAER Realty Partners | $109,000 | |
| Listed by LAER Realty Partners | |||
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Beautiful level 1.87 acre building lot that is cleared and ready for the new owner to get started. The lot has an approved three bedroom septic design and well permit. The septic location has been staked. A future house could have a walk out basement if desired. Great commuter location. Convenient to Route 140 and a few minutes to Route 2. This lot is in an area of other new homes.
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| Dec 14, 2021 | Sold | ||
| Sold | |||
| Jul 20, 2021 | Listed by Clockhouse Realty, Inc. | $95,000 | |
| Listed by Clockhouse Realty, Inc. | |||
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This lot is a ANR (approval not required) lot. The lot is cleared and fairly Level and with a 150' of frontage. Very good commuter location in East Gardner close to Rte 140 & Rte 2. Presently working with Modular Builder or bring your own plans. Very nice land to build on. Seller will entertain working with builder
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Address: 335 Madison Avenue, New York, NY 10017