48 Howlands Ln
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 |
|---|---|---|---|
| Aug 15, 2022 | Sold | ||
| Sold | |||
| Oct 21, 2019 | Listed by Renaissance Realty | $1,008,000 | |
| Listed by Renaissance Realty | |||
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Builders and investors, this site really has it all. This is your chance to build homes of distinction in a perfect location just 1.5 miles from Exit 9 in Kingston. This 8.45 acre prime parcel is located within the seaside Rocky Nook section of town. The land has been professionally surveyed to show 7.5 plus acres of buildable, upland acreage with vistas of the tributaries and marshes of the Jones River. The north boundary abuts the historic Pilgrim John Howland Society Reserve. This unique parcel is well suited for many varied building options. Future homeowners will love living in this oceanside community that includes Grays Beach. The commute is a breeze, using either RT 3 or the commuter rail, located just 2.5 miles away. Homeowners will be able to visit the Kingtson Collection - one of the area's premier destinations for shopping, dining, movies and other entertainment and Indian Pond Golf Club is a mere 5 minutes away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017