TBD St Hwy 81
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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Jan 25, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2023 | Listed by Jana Nors Real Estate | $275,000 | |
| Listed by Jana Nors Real Estate | |||
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Located right off HWY 81, this 22 acre parcel has become available for sale. The original 34 acre tract has been divided. Owners want to keep their 12 acres and homesite to the south. This tract has access to Island Creek and is currently AG exempt with horses and cattle on the property. Land could be developed into a homesite since there are utilities available nearby. Files Valley Water Co-op and Hilco Electric. Property does have some deed restrictions preventing mobile homes and other activities. It is fenced on the majority of the property, however, a new survey will need to be done to draw new boundary lines. Call for an appointment and showing.
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| Nov 6, 2023 | Listed by x2 Realty Group | $1,578,700 | |
| Listed by x2 Realty Group | |||
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Ag Exempt land ready for development or farming. This property is within close proximity to I-35 and in an area with growth potential. This property is currently being used for farming but if you can dream it, you can bring it!
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| Feb 21, 2023 | Sold | ||
| Sold | |||
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14636376
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017