3030 Godwin Lake Road
About This Property
With a perk test and survey already available, the land is ready to go. The driveway is already in place, providing easy access to the property, and there is plenty of road frontage. County water and electricity are available, with a septic system needed for development.
This is a fantastic opportunity to build your forever home or explore the potential for multiple homes, though it is subject to subdivision restrictions. With no HOA, you have the freedom to design your property within the guidelines. Don't miss out-schedule a tour today! Direct all questions to Co-Listing Agent: Kaitlyn Williams [email protected]
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 4, 2025 | Sold | ||
| Sold | |||
| May 8, 2025 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Listed by United Real Estate Triangle | $245,000 | |
| Listed by United Real Estate Triangle | |||
| Jan 6, 2023 | Sold | ||
| Sold | |||
| Sep 14, 2022 | Listed by United Real Estate Triangle | $130,000 | |
| Listed by United Real Estate Triangle | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017