356 Route 9
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 |
|---|---|---|---|
| May 6, 2026 | In contract | - | |
| In contract | |||
| Mar 2, 2026 | Listed by Van Dyk Group | $350,000 | |
| Listed by Van Dyk Group | |||
| Aug 15, 2025 | Price Decreased |
$350,000
↓ $75K
(17.7%) | |
| Price Decreased | |||
| Jan 6, 2025 | Listed | $425,000 | |
| Listed | |||
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Prime commercial land zoned C1 . Lot dimensions are taken from tax map and public records . This lot is zoned C!- Redevelopment Overlay Zone, Any questions on approvals buyer must do due diligence on redevelopment zoning in Waretown. . According to zoning it is neighborhood commercial, hair salon, food market, restaurant ,Commercial Laundry. Commercial Use Not Elsewhere Classified
Convenience Store ,Display Gallery, Gas Station, Professional offices ,Retail Facility , Bar, Pub, Tavern
Restaurant, Bakery, Catering Service and more. Buyer must do own due diligence as far as other permitted uses.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017