48 Prospect
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| May 11, 2025 | Listed by Brandon J. Field Real Estate | $49,000 | |
| Listed by Brandon J. Field Real Estate | |||
| Apr 23, 2021 | Sold | ||
| Sold | |||
| Mar 11, 2021 | Listed by RE/MAX Northern Edge | $28,000 | |
| Listed by RE/MAX Northern Edge | |||
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VACANT LOT in Lancaster Village. Level .375 acre lot on Prospect Street. The old driveway still exists. Beyond the back line of the parcel is wooded land. Electricity, town water and town sewer are available at the street. High Speed Internet is available at this location. It's walking distance to the downtown amenities. Terrific location for your new home or vacation get-a-way!
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| Mar 18, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017