3718 B IVYDALE DRIVE
About This Property
this property sold under VAFX1178462 (both land and house)
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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%.
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2021 | Sold | ||
| Sold | |||
| Feb 17, 2021 | Listed by Corcoran McEnearney | $425,000 | |
| Listed by Corcoran McEnearney | |||
| Jan 29, 2021 | Listed by Corcoran McEnearney | $1,195,000 | |
| Listed by Corcoran McEnearney | |||
| | |||
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Wonderful opportunity for someone looking to redo an old house, or build new. This is two lots (approx 1.48 acres) currently zoned R3. The front lot on Ivydale is a vacant lot and .28 acre. The back lot is 1.2 acres accessed by gravel drive on Forest Grove. There is a vintage brick home with lovely architectural details on it. This house would needs some TLC - but is a charmer! One could buy the parcels, sell off the front one and take the proceeds to rehab the existing home- and still have 1.2 acres. Or builders - great opportunity - zoned R3. Lot can be walked in daytime. Occupant in house - can be shown with appointment. Plan and other info in document section of MLS. Seller is also willing to sell the lots separately - .28 acre for $425K and/ or the 1.2 acre for $770K.
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| Jan 18, 2021 | No longer available | - | |
| No longer available | |||
| Dec 1, 2020 | Price Decreased |
$1,199,000
↓ $451K
(27.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017