Lot 5 Granby 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 |
|---|---|---|---|
| Jun 30, 2014 | Sold | ||
| Sold | |||
| Aug 7, 2012 | Listed by Ideal Real Estate Services, Inc. | $370,000 | |
| Listed by Ideal Real Estate Services, Inc. | |||
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This lot is located right down the street from Cold Spring Country Club. Minutes from the Mass Pike. We can price out your dream home as well for this lot.
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| Dec 30, 2010 | Sold | ||
| Sold | |||
| Aug 2, 2010 | Listed by RE/MAX Connections - Belchertown | $89,900 | |
| Listed by RE/MAX Connections - Belchertown | |||
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Executive lot abutting the soon to be finished Cold Spring Golf Course. This endearing location is suitable for distinctive development. Land is free and clear of restrictive covenants. Seller prefers to sell all eight lots as a package and will discount price accordingly. Call listing agent for more details. One of 8 luxury lots surrounding Cold Spring Golf Course - Owner offers all 8 lots at $599,000.
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Address: 335 Madison Avenue, New York, NY 10017