Lot 33 Dover Lane #33
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 |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed | $299,000 | |
| Listed | |||
| | |||
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The best build lot in the highly desirable Chasewood community. Chasewood is cherished for its beautiful French Broad Valley Views with the backdrop of the Blue Ridge Mountains. With a clean pastural setting and clean approach just a few scenic minutes from downtown Brevard. All the beautiful custom homes in the neighborhood benefit from large lots and enjoy high-speed internet. This lot in particular is spectacular in every way. From a building standpoint, the lot is perfectly crowned which should equate to less foundation costs and easy drainage. The lot is also perched gently above the road maximizing views and privacy within the community. The old-growth trees on the property create an established authentic low-maintenance landscape. If you're a discerning buyer looking for that perfect lot in WNC then you must see Lot 33 Dover Lane!
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| Apr 8, 2024 | No longer available | - | |
| No longer available | |||
| Feb 11, 2024 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/24/2024
|
Loft
|
-
|
-
|
$299,000
Loft
-
|
$280,000
-6.35%
02/25/2025
|
Paul Wilander
LOOKING GLASS REALTY SAPPHIRE
| |
|
02/09/2024
|
Loft
|
-
|
-
|
$229,000
Loft
-
|
-
-
|
Paul Wilander
LOOKING GLASS REALTY SAPPHIRE
| |
|
12/18/2015
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017