LOT 5 SW 37TH
About This Property
Well & Septic. Avoid costly 10-month county delays and up to $40,000 in main line extension fees required on other local parcels!
100% Uplands / Zero Wetlands - High and dry, full lot buildability. Zero Gopher Tortoises - Official Bear Environmental clearance
report in hand. No relocation fees or permitting delays. Power Nearby - Overhead power lines right across the street. Save time,
protect your profit margin, and start building immediately! Ideal for spec builders or custom home development.
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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 |
|---|---|---|---|
| Aug 8, 2026 | Price Increased |
$46,000
↑ $2K
(4.6%) | |
| Price Increased | |||
| Aug 5, 2026 | Listed by COLDWELL REALTY SOLD GUARANTEE | $44,000 | |
| Listed by COLDWELL REALTY SOLD GUARANTEE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017