50 WILDFLOWER Ridge
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 |
|---|---|---|---|
| Apr 18, 2019 | Sold | ||
| Sold | |||
| Nov 1, 2018 | Listed by LEGACY LAND AND HOMES LLC TP | $85,000 | |
| Listed by LEGACY LAND AND HOMES LLC TP | |||
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Opportunities like this don't come along often. This 4+ acre lot is located in an established neighborhood built in the early 2000's. It was purchased and never built on. It's been kept private for all these years and now it's finally available. Located on a Culdesac this could be the perfect location for your dream home.,DOCUMENTS:Subdivision Approval
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| Jun 12, 2002 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017