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16.5 The Boulevard
About This Property
RED DASHED LINE IS SCHEMATIC: NOT A SURVEYED EQUAL-AREA LINE.
OPPORTUNITY TO BUILD ON THE OVERSIZE CORNER LOT OFFERING HALF of ACRE OF LAND. THIS PARCEL OFFERS ENDLESS POTENTIAL FOR BUILDERS, DEVELOPERS, OR BUYERS LOOKING TO CREATED THEIR DREAM HOME. LOCATED IN THE HISTORICAL DISTRICT, CONVENIENTLY SITUATED NEAR MAJOR HIGHWAYS, SHOPPING AND PARKS. DON'T MISS THE CHANCE TO OWN IN ONE OF NEW ROCHELLE SOUGHT AFTER COMMUNITIES. NEIGHBORING NEW CONSTRUCTION HOME.
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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 26, 2026 | Listed by eRealty Advisors, Inc | $425,000 | |
| Listed by eRealty Advisors, Inc | |||
| Oct 2, 1998 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017