0 Hiland Rd Lot 4
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 |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | Listed by ERA Key Realty Services - Distinctive Group | $98,000 | |
| Listed by ERA Key Realty Services - Distinctive Group | |||
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ATTN BUILDERS! Quaint lot located in the private Cranberry Meadow Pond neighborhood. Lot has a 3 bedroom septic design approved, surveyed and staked, driveway permit approved, and the well is scheduled to be installed. All of the engineering has been done for you! Bring your house plans!Note: No conservation approval needed: work area is outside the 100ft buffer zone. Lot 2 & 3 on the anr plan are also approved building lots if interested in multiple lots. (Seller is open to the buyer being able to obtain a building permit before closing. Up to 60 days.)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017