Lot 5 Secret Lake 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 |
|---|---|---|---|
| Sep 10, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 17, 2026 | Listed by Liberty Real Estate | $615,000 | |
| Listed by Liberty Real Estate | |||
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed by Keller Williams Realty - Merrimack | $99,000 | |
| Listed by Keller Williams Realty - Merrimack | |||
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Searching for the perfect place to build your dream home? Or are you a builder looking for a prime location to add your next single-family home to your portfolio? Either way, don’t miss this exceptional 2.15-acre buildable lot located in the private Secret Lake community. This beautiful property offers a mix of wooded and cleared areas, providing flexibility for your design. Residents enjoy exclusive access to Secret Lake, ideal for kayaking, fishing, boating, and more. A rare opportunity to create a personal retreat—or a desirable new build—in a peaceful, nature-filled setting!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017