Lot 4 Rice 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 |
|---|---|---|---|
| Oct 19, 2018 | Sold | ||
| Sold | |||
| Sep 15, 2018 | Listed by Compass | $1,399,000 | |
| Listed by Compass | |||
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Opportunity Knocks...... New Construction on picturesque Rice Road.... Ready for September delivery and in time for entering acclaimed Wayland Public Schools. Established local developer building an enclave of three new homes sited beautifully on approximately 2.5 total acres abutting wooded lush greenery. Please see attached to this listing full color site plan lay out as well as floor plans and specifications. These homes will be Energy Star rated. Builder credibility offers a 3 year new home warranty and 10 year structural warranty. Located adjacent to 60 Rice Road Wayland.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017