369 COUNTY ROAD 2602
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 |
|---|---|---|---|
| Feb 16, 2023 | No longer available | - | |
| No longer available | |||
| Jul 14, 2022 | Relisted | $1,150,000 | |
| Relisted | |||
| Jul 2, 2022 | No longer available | - | |
| No longer available | |||
| Aug 13, 2021 | Listed by JVL Investments, L.L.C. | $1,150,000 | |
| Listed by JVL Investments, L.L.C. | |||
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Majestic Medina Lake estate property with over 1,500 frontage feet of deep water along the southern bluffs of the lake. Well and electric in-place and private end-of-the road access make this property a marquise development opportunity. There is a unique concrete step walking path down the bluffs and around the peninsula offering a stunning view of the broad eco-system on the property. Long range views are unmatched. Resort and/or commercial opportunity exists as well. You must see it to believe it.
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| Jul 14, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017