Lot 4 North Common Road
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 |
|---|---|---|---|
| Sep 28, 2017 | Sold | ||
| Sold | |||
| Aug 23, 2016 | Listed by RE/MAX Property Promotions | $95,000 | |
| Listed by RE/MAX Property Promotions | |||
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Beautiful wooded 1.17 Acre lot on a country road with 177 ft of road frontage. Surrounded by some beautiful homes, this property would be the perfect setting for your new home. Other allowed uses include 2 family of duplex homes. Home based businesses are also allowed. Septic plans are completed. Water and electrical are available at the street.
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| May 16, 2014 | Sold | ||
| Sold | |||
| Jun 14, 2013 | Listed by Lamacchia Realty, Inc. | $309,500 | |
| Listed by Lamacchia Realty, Inc. | |||
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Over 2100 ft of stunning new construction on 1.5 private acres on a country road! Video available upon request. High quality builder can deliver in 60 days from P&S. All approvals in place and ready to go. Great small town setting and exceptional value. This is front entry garage. Granite, hardwoods, tile, unique coffered ceiling, vaulted master and many other options available . Receptive to alterations to meet your needs including a four bedroom option.. Either oil or propane heat, your choice. Act now, only two lots available. Pictures are of a side entry garage, this will be front entry.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017