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49 Park
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 |
|---|---|---|---|
| Dec 30, 2025 | Listed by BHHS Vermont Realty Group/S Burlington | $250,000 | |
| Listed by BHHS Vermont Realty Group/S Burlington | |||
| Jan 23, 2025 | Listed | $250,000 | |
| Listed | |||
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The is a mostly flat, attractive 5.807 acres lot with seasonal views of the area of river behind the dam. Lot also has access to the shore for recreational purposes. Quiet short street very close to village. Soil tests show very consistent gravelly loam for on site septic. Should be relatively easy site for development. Zoning allows PUD so a cluster development of 4-5 lots with community septic could be possible. See attachments for additional permitted and conditional uses allowed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017