LOT 425 Horseshoe Falls
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 |
|---|---|---|---|
| Jul 29, 2026 | Listed by Keller Williams Bandera | $78,000 | |
| Listed by Keller Williams Bandera | |||
| Aug 22, 2023 | Sold | ||
| Sold | |||
| Jan 22, 2023 | Listed by Nix Realty Company | $78,000 | |
| Listed by Nix Realty Company | |||
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Beautiful, 2 acre lot in a subdivision that has it all! You really need to drive into Bridlegate to appreciate this quiet, wonderful neighborhood with amazing amenities. This lot is on one of the best streets in the neighborhood and is priced very well to build your dream home. This lot is level and is near already beautifully built homes. Come explore this opportunity to experience country living at its best!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017