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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 |
|---|---|---|---|
| Aug 17, 2026 | Listed by JohnHart Real Estate | $50,000 | |
| Listed by JohnHart Real Estate | |||
| Mar 5, 2026 | Sold | ||
| Sold | |||
| Sep 26, 2025 | Listed by Beycome Brokerage Realty Inc. | $45,000 | |
| Listed by Beycome Brokerage Realty Inc. | |||
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2.12-acre vacant land parcel located directly on Highway 138, offering unbeatable visibility and easy access. This flat lot sits on a paved asphalt street with electricity nearby, making it suitable for your next project.Zoning: A-2-2 (Comparable to R-1) Build one single-family residence (SFR)Suitable for agricultural use crops, livestock, or hobby farmingAdditional heavy agricultural uses permitted, including animal hospitals, dairies, dog kennels, livestock feed lots, and manure spreadingExcellent potential for home builders, investors, or those looking to create a private retreatMain road frontage = high exposure and accessibilityGood blend of residential and agricultural flexibility
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| Sep 21, 2019 | No longer available | - | |
| No longer available | |||
| Jun 11, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017