411 3rd St
About This Property
Don't miss your chance to purchase one of the last buildable lots in Hunter Hill Subdivision. It is a great lot to build your dream home with your preferred builder or resale! All within the convenience of the town of Severance. Close proximity to schools and restaurants. Lot is NOT a part of the Tailholt Metro District but could be included for reduced water tap through Town of Severance. Thank you for your interest!
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Cap Rate Calculator
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 7, 2025 | Price Increased |
$70,000
↑ $5K
(7.7%) | |
| Price Increased | |||
| Feb 6, 2025 | Sold | ||
| Sold | |||
| May 31, 2024 | Listed by Megastar Realty | $85,000 | |
| Listed by Megastar Realty | |||
| Oct 13, 2023 | Sold | ||
| Sold | |||
| May 4, 2022 | Listed by C3 Real Estate Solutions, LLC | $50,000 | |
| Listed by C3 Real Estate Solutions, LLC | |||
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Attention builders! One of the last buildable lots in Hunter Hill Subdivision. Lot is NOT a part of the Tailholt Metro District but could be included for reduced water tap through Town of Severance. Owner may be willing to subordinate lot while home is being built. Contact listing agent for details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017