Lot 3B Ward Hill 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 |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Nov 4, 2024 | Listed by Real Estate Exchange | $40,000 | |
| Listed by Real Estate Exchange | |||
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Nestled on Old Country Road, this expansive 7.893-acre parcel offers privacy and natural beauty, directly abutting conservation land. Priced to sell “as-is,” this property presents a unique opportunity for buyers to create their own retreat. Buyers are advised to conduct their own due diligence, as no testing has been performed on this scenic lot. With approximately 1,400 feet of frontage along a historic cart path and established homes at both ends of the road, this site holds the potential for a spectacular homesite with distant views. It’s also ideal for outdoor enthusiasts, offering possibilities for hunting, ATV riding, snowmobiling, and overnight camping. Some ledge and large boulders are visible, adding to its rugged charm. From the intersection of Lincoln Rd. it's approximately 445' - look for caution tape on tree @ both ends
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017