53 Strong Road
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 |
|---|---|---|---|
| May 3, 2007 | Sold | ||
| Sold | |||
| Jan 11, 2006 | Listed by Canon Real Estate, Inc. | $599,000 | |
| Listed by Canon Real Estate, Inc. | |||
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Rural, private 13.45 acre piece, well suited for horse farm, with Barn, fencing & 5.5 acres of pasture already in place. There is a foundation in place , where home used to be. Great opportunity for development with cul-de-sac and plenty of room houses & horeses.
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| Dec 29, 2005 | Sold | ||
| Sold | |||
| Aug 29, 2005 | Listed by Canon Real Estate, Inc. | $350,000 | |
| Listed by Canon Real Estate, Inc. | |||
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Great location for a horse lover. Site improvements, horse barn, fenced property & foundation where a Ranch home was.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017