Lot 5 Hogan Place
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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 |
|---|---|---|---|
| Mar 18, 2022 | Sold | ||
| Sold | |||
| Aug 23, 2021 | Listed by RE/MAX PREFERRED PROPERTIES | $38,000 | |
| Listed by RE/MAX PREFERRED PROPERTIES | |||
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Escape the hustle and bustle of the city. Beautiful wooded .314 acre lot just waiting for you to show up with your own builder and house plans. No HOA here, just kick back and relax in the peaceful surroundings of Runaway Bay. Whether your looking to fish, participate in water sports or play a round of golf, you are located just minutes from Lake Bridgeport and a beautiful challenging 18 hole golf course. Nearby is the community swimming pool and park. Plan to visit soon!
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About Runaway Bay
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14656621
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017