Lot 54 Valley 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 |
|---|---|---|---|
| Jan 26, 2024 | Sold | ||
| Sold | |||
| Jan 4, 2024 | In contract | - | |
| In contract | |||
| Dec 27, 2023 | Listed by Park Square Realty | $139,000 | |
| Listed by Park Square Realty | |||
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RARE FIND- LEVEL, DRY, BUILDING LOT ON .98 OF AN ACRE. Approved Building lot by Town. Recent Perc test and survey done. Ready to build. This cleared site is ready for your new dream home with no restrictions. Build the home of your choice. Build now and be in by spring. Close to major highways, yet country setting.
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Address: 335 Madison Avenue, New York, NY 10017