Lot 34-1 Sandy Point Road
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 20, 2023 | Sold | ||
| Sold | |||
| Jun 14, 2023 | Sold | ||
| Sold | |||
| Jun 7, 2023 | Listed by BHHS Verani Concord | $132,900 | |
| Listed by BHHS Verani Concord | |||
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3.0 acre lot with shared rights to Crooked Run River access...corner lot, sandy soils, great for septic systems , needs to have updated perc tests and septic design but lot sits in quiet country area, old well on property. Located corner of Rt 126 and Sandy Point Road, makes for easy commute... fish, canoe, kayak, or just sit and enjoy the quiet from the point...
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| May 2, 2023 | Listed by BHHS Verani Concord | $119,000 | |
| Listed by BHHS Verani Concord | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017