402 CORDELL Avenue
About This Property
Buyer is advised to have a survey for exact property lines and measurements.
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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 |
|---|---|---|---|
| Apr 29, 2021 | Sold | ||
| Sold | |||
| Oct 10, 2018 | Listed by NICOSIA REALTY INC. | $45,000 | |
| Listed by NICOSIA REALTY INC. | |||
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Beautiful wooded acreage at a great price. May have standing water, please check with Putnam County Building and Zoning for information on a building site on this 29+ acres.
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| Jul 18, 2017 | Listed by NICOSIA REALTY INC. | $50,000 | |
| Listed by NICOSIA REALTY INC. | |||
| Apr 11, 2015 | Listed by NICOSIA REALTY INC. | $50,000 | |
| Listed by NICOSIA REALTY INC. | |||
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Check this out. Over 29 wooded acres zoned R-2. Located on paved road, Cordell Ave. Property goes from Cordell to Cornett Road. Near Lakes Ida, Virginia, Church, Violet, and more. Location a plus.
Buyer is advised to have a survey for exact property lines and measurements.
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| Jun 9, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017