Lot 5 Falls 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 |
|---|---|---|---|
| Oct 25, 2021 | Sold | ||
| Sold | |||
| Sep 28, 2021 | Listed by The LUX Group | $64,900 | |
| Listed by The LUX Group | |||
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Come see this gorgeous lot today!!! This huge 10 acre parcel offers a beautiful, quiet location to build your dream home. Lot has the potential for a tremendous view with a little more tree cutting. Two potential building sites have already been cleared and driveway has been roughed in, including culverts. Land abuts Boyce Brook in the back! Come build your dream home today!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017