11-15 Fischer Lane
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 |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Compass | $899,000 | |
| Listed by Compass | |||
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VERY UNIQUE OPPORTUNITY! This 10 acre residential lot is very special. The rights to build two single family homes has been granted through the town, with separate mailing addresses 11 & 15. Beyond the ability to enjoy multiple homes, you also have the opportunity to develop equestrian, agricultural, and other uses once you surpass the 10 acre limit. This can be quite the trophy property once all said and done. Very, very few opportunities like this are available on Cape Cod. This parcel is beyond the cul-de-sac on the map, down a driveway that opens into your very own 10 acre sanctuary.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017