30 Mercantile Way
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 |
|---|---|---|---|
| Jul 16, 2018 | Sold | ||
| Sold | |||
| Jan 26, 2016 | Listed by Kinlin Grover Compass | $319,900 | |
| Listed by Kinlin Grover Compass | |||
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This industrial lot located between Great Neck Road South and Route 28 near the Market Basket grocery store. Franey lab is the first to locate in the industrial area but others are following. Lot subject to sensible covenant restrictions. Lowest priced commercial lot in the area , will not last. This lot and lots # 71952620 & # 71952623 are marketed until one is sold , one lot will be sold at this time.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017