357 Granite
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 |
|---|---|---|---|
| Jun 10, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | Listed by L & M Realty | $115,000 | |
| Listed by L & M Realty | |||
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Incredible opportunity to build your dream home in this partially wooded lot located in close proximity to the MA Pike, rt 146, 290, shopping, and entertainment. With approved septic plan in hand, this lot is ready to go.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017