Lot 5 Cronin Rd
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 7, 2007 | Sold | ||
| Sold | |||
| Sep 14, 2007 | Listed by Gravel Real Estate Associates | $55,000 | |
| Listed by Gravel Real Estate Associates | |||
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Nicely wooded lot within miles of the Mass Pike and I 84. Easy commute east or west, much sought after spot for newer homes. Seller has additional land that will consider selling together with this lot for an extra cost. Bring your builder or ours...home packages start at just $229,900. Perced and ready to go for that spring build! Seller will consider package deal for all 5 lots @ $245,000!
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Address: 335 Madison Avenue, New York, NY 10017