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4540 Corey Road
About This Property
Property is Tax #2941499 & 2941483
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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 31, 2019 | Sold | ||
| Sold | |||
| Jan 23, 2018 | Sold | ||
| Sold | |||
| Nov 24, 2017 | Listed by RE/MAX Aerospace Realty | $173,900 | |
| Listed by RE/MAX Aerospace Realty | |||
| Apr 8, 2016 | Sold | ||
| Sold | |||
| Feb 11, 2016 | Listed by One Sotheby's International | $125,000 | |
| Listed by One Sotheby's International | |||
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Partially improved 2.75 acre property ideal for addition of custom home. Existing barn has bathrooms and an office, perfect to renovate for hobbies or collectibles storage. On site improvements include property already cleared and graded, 2 driveways to access the property, artesian well, R/O water system and fencing. Greenhouses and agricultural equipment do not convey and will be removed. Sale includes Tax ID: 2941483. Recent price reduction, priced to sell.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017