Lot 49 Brook Street
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 1, 2020 | Sold | ||
| Sold | |||
| Mar 3, 2020 | Listed by Ponte & Associates Real Estate | $259,900 | |
| Listed by Ponte & Associates Real Estate | |||
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This 14.1 Acre estate lot is perfect to build you private home. Located in very desirable area of Rehoboth. Access by Private drive. Frontage also along Brook St. Could be potential there for an additional lot. Buyer to do their own due diligence. See attached plot plan.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017