49
Map
540 Mountain
About This Property
Listed By
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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%.
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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.
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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 23, 2026 | Price Decreased |
$1,100,000
↓ $200K
(15.4%) | |
| Price Decreased | |||
| Jul 20, 2026 | Listed by RE/MAX Innovative Properties | $1,300,000 | |
| Listed by RE/MAX Innovative Properties | |||
| May 20, 2026 | Price Decreased |
$1,300,000
↓ $200K
(13.3%) | |
| Price Decreased | |||
| Nov 28, 2025 | Listed by Galactic Realty Group LLC | $1,500,000 | |
| Listed by Galactic Realty Group LLC | |||
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Prime 18.26-acre former organic farm in Current Use—a rare large-acreage Concord property with conceptual subdivision completed, with seven house lots, 5 of which are 4+ acres. With approximately 684 feet of combined frontage on the corner of Mountain Rd. and Hoit Rd in East Concord, this property offers flexibility for design, access and layout. Leaving an excellent opportunity for a builder/developer to create well-separated, private house lots, on land that is predominantly level house lots with a combination of open and mature wooded space. These natural elements lend themselves to thoughtfully designed homesites with privacy and strong market appeal, while supporting efficient lot layout, flexible home placement, and straightforward construction. Multiple access points and the scale of the acreage allow for creative planning, generous setbacks, and a neighborhood that feels open and estate-like rather than dense, with the added advantage of an existing house and/or barn that could be retained, repurposed, or incorporated as valuable assets within a future subdivision or an estate plan. Located just minutes to I-93 and direct access to Concord, Boston and the Lakes Region commuting and amenities. Whether the vision is an intimate, high-quality residential enclave or the preservation of a single exceptional 18+ acre estate with room for barns, gardens, pastures, or complete seclusion, this property offers a rare blend of scale, location, and possibility.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017