22.5 Gardner
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 |
|---|---|---|---|
| Feb 15, 2022 | Sold | ||
| Sold | |||
| Sep 30, 2021 | Listed by Success! Real Estate | $34,900 | |
| Listed by Success! Real Estate | |||
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Hard to find, Once in a lifetime opportunity to pick up over 107,000 sq ft lot of land on a quiet side street! This is an As Is Sale. Neither Seller nor Sellers Agent makes any warranties to suitability for Buyers purposes. Buyer to be responsible for desired permits, approvals & inspections. Huge piece of residential land with lots of frontage & possibility of access points on Erimlinda St and Newman Ave! Super quiet rural dead end street but still only 1 minute to Route 152. Calling all investors, builders, developers, contractors, & profiteers. Invest in yourself at the lowest price around! Land always goes up in value - start your own land bank to create your own future!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017