Lot #3 South Road
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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 |
|---|---|---|---|
| Jul 31, 2018 | Sold | ||
| Sold | |||
| Feb 7, 2018 | Listed by RE/MAX Classic Realty | $52,500 | |
| Listed by RE/MAX Classic Realty | |||
| Nov 28, 2017 | Sold | ||
| Sold | |||
| Apr 27, 2017 | Listed by McGough Realty Corp | $30,000 | |
| Listed by McGough Realty Corp | |||
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LOT #3 - Fully Approved 4+ acre Building lot, ready to go, order your lumber delivery, (County Health & DEP Approved). Quiet country road. Quick access to I-84, Pawling, and Patterson Train Stations. Pawling Schools. Less than 1/2 mile to Whaley Lake. This is “LOT 3” of 3 adjacent approved building lots. Build a home for JUST yourself or build a family compound.
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| Oct 31, 2001 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017