Lot 5 Ariana Lane
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 |
|---|---|---|---|
| May 17, 2022 | Sold | ||
| Sold | |||
| Feb 15, 2022 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $380,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Approved 3.41 Acre Buildable Lot at end of Cul-De-Sac Street in Mill River Estates. Approved Four Bedroom Septic Design with Permit to be Provided. Town Water and Underground Utilities on Street. Covenants for Neighborhood Require 3500sqft Home with a 2+ Garage. House Plans Subject to Seller Satisfactory Review and to be Architecturally Compatible with the Subdivision. Great Location Close to Major Routes, Restaurants and Commuter Rail.
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| Jun 4, 2020 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017