40 A2 Hollow Rd
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 23, 2024 | No longer available | - | |
| No longer available | |||
| Nov 13, 2023 | Sold | ||
| Sold | |||
| Oct 4, 2023 | In contract | - | |
| In contract | |||
| Aug 21, 2023 | Listed by CR Premier Properties | $87,000 | |
| Listed by CR Premier Properties | |||
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Enjoy the charm of the country on this 5+- acre lot with stone walls throughout! Close to all major highways & shopping centers. Enjoy the Public beach at Lake George only a few miles away. This lot has been partially cleared with a rough driveway installed, perc test & septic design in hand! All work through conservation has been done and approved! Property abutts a cart path along the back side with 600' of frontage, owned by the town (apo). Buyer to verify potential use of cart path. Just Bring your house plans!
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| Dec 27, 2011 | Sold | ||
| Sold | |||
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