400 County Road 3
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 |
|---|---|---|---|
| Mar 30, 2022 | Sold | ||
| Sold | |||
| Apr 18, 2017 | Listed by Coldwell Banker Realty-Lgmt | $575,000 | |
| Listed by Coldwell Banker Realty-Lgmt | |||
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Desirable Vista Ridge Subdivision Location. Nine potential residential building lots that have preliminary approval with the Town of Erie. Recent progress update from the Town of Erie Final Plat and Development Agreement approximately 60-90 days. All documents in Sellers possession up to the current stage of development shall be provided to potential Buyer upon request. Note Buyer will need to verify with the Town of Erie Water Tap and Sewer Tap Fees. Water and Sewer Taps are not included.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017