3505 CASSELL BOULEVARD
About This Property
Online auction begins October 15, 2026 and ends October 19, 2026. Starting bid: $35,000. Pre-auction offers accepted prior to the start of bidding. Property is sold AS-IS. Purchaser is responsible for independently verifying all zoning, utilities, access, permits, development potential, and intended use.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Listed by Ashland Auction Group LLC | $35,000 | |
| Listed by Ashland Auction Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017