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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 17, 2022 | Sold | ||
| Sold | |||
| Feb 11, 2022 | Listed by Fonville Morisey/Stonehenge Sa | $825,000 | |
| Listed by Fonville Morisey/Stonehenge Sa | |||
| Apr 19, 2021 | Sold | ||
| Sold | |||
| Mar 6, 2018 | Listed by Absolute Realty Company, LLC | $70,000 | |
| Listed by Absolute Realty Company, LLC | |||
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Large flexible golf course lot in the Triangles' premium golf course community, chapel ridge! Bring your own builder or use one of ours, no timeframe to build. Perfect setting for your dream custom home. Long range fairway views. Neighborhood covenants, Architectural review, resort style amenities include pool, water slide, fitness center, sport court, tennis, soccer and sand volleyball. Water/Sewer tap fees have already been paid on this fantastic lot - making it a GREAT value!!
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| Oct 26, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017