Lot 3 Star Road
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 |
|---|---|---|---|
| Apr 3, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2023 | Listed by Keller Williams Upstate NY Properties | $19,000 | |
| Listed by Keller Williams Upstate NY Properties | |||
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This land parcel offers an opportunity for a ideal off-grid upstate escape. The lot itself features an established entry point, western Catskills upland rock features, diverse tree types, and seasonal views to the north, east and south. It is only gently sloped, and would be an excellent place for a small getaway cabin, tenting setup, or camper on a seasonal basis. The road is a private, dirt/stone road with a few ruts, and is fairly steep at the beginning, but levels off after the first uphill section. The location is just a short drive to Davenport and Stamford, 30 minutes to Oneonta, and 3hours to the GWB.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017