38 Taylor St
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 21, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Listed by Keller Williams Realty Evolution | $75,000 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
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.19-acre lot with water frontage on Rock Pond in a residential neighborhood. Beautiful view of the pond year round. Lot has old foundation on it (previous structure type/date unknown), but lot does not meet current district zoning requirements to construct a single family home. The seller has been told by the town that a garage, barn or boat house can be built with 75' setback from water. The lot is currently classified as "Accessory Land Improved" in public records. Buyer/buyer's agent would need to do their own due diligence with the town. Appointment required to walk lot.
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| Sep 27, 2022 | No longer available | - | |
| No longer available | |||
| Sep 27, 2022 | Relisted | $99,000 | |
| Relisted | |||
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