322 Washington Heights Road
About This Property
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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 |
|---|---|---|---|
| Dec 1, 2020 | Sold | ||
| Sold | |||
| Sep 1, 2020 | Listed by Bean Group / Peterborough | $59,900 | |
| Listed by Bean Group / Peterborough | |||
| Aug 27, 2020 | No longer available | - | |
| No longer available | |||
| Jul 24, 2020 | Price Decreased |
$64,900
↓ $3K
(3.9%) | |
| Price Decreased | |||
| Mar 5, 2020 | Listed | $67,500 | |
| Listed | |||
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Bring back life to this 6.1 acre lot situated on a private road in the low tax town of Washington! As you make your way up the driveway, you will be entranced by the spruce trees that surround you. This charming lot boasts ample privacy, and a cleared out area where a cabin once stood. There is already a septic system and drilled well located at the property. There is also electric at the site, and an outbuilding that is currently housing firewood. This property is ideal for outdoor enthusiasts! Make use of the hiking, snowmobiling, four wheeling, fishing, kayaking, canoeing, swimming, and hunting that this location has to offer. Want to spend a relaxing day soaking up the sun by the water? Take a quick drive down to Millen Pond where you can do just that! Come build your forever home, or a cottage to simply enjoy seasonally. Don't let this wonderful opportunity pass you by!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017