LOT 5 LIGHTHOUSE LANE
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Listed | $39,900 | |
| Listed | |||
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WONDERFUL .64 ACRE LOT IN CABIN POINT/GLEBE HARBOR THAT WOULD BE THE PERFECT SPOT FOR YOUR NEW HOME. ENJOY THE AMENITIES OF THE GLEBE HARBOR-CABIN POINT ASSOCIATION THAT INCLUDES ACCESS TO FOUR BEACHES, A PICNIC PAVILION, TENNIS COURTS, CLUBHOUSE, AND A POOL.. THERE'S ALSO SPACE AVAILABLE BOAT PARKING RENTAL! EASY ACCESS TO BOATING, FISHING AND CRABBING, YOU CAN HAVE IT ALL IF YOU LIVE HERE! CALL ABOUT THIS LOT TODAY!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017