Lot 41 Meadow 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 |
|---|---|---|---|
| Mar 30, 2023 | Sold | ||
| Sold | |||
| Mar 17, 2023 | In contract | - | |
| In contract | |||
| Jan 1, 2023 | Relisted | $89,900 | |
| Relisted | |||
| Jan 1, 2023 | No longer available | - | |
| No longer available | |||
| Mar 5, 2022 | Listed by Buy Rite Home | $89,900 | |
| Listed by Buy Rite Home | |||
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Two plus acre lot with town utilities a rare find in Spencer for a lot this size. Small brook does run along one boundary but there is still plenty of room to build per the owner. This location is handy for commuting and would have a marsh view across the street. Located near a large play park with many things to climb, swing and jump on. Shopping and restaurants near by. Come check it out this lot may not be around long.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017