56 Main St
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 |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | Listed by M. Titus Realty, Inc. | $139,900 | |
| Listed by M. Titus Realty, Inc. | |||
| Dec 13, 2023 | No longer available | - | |
| No longer available | |||
| Sep 19, 2023 | Price Decreased |
$140,000
↓ $6K
(4%) | |
| Price Decreased | |||
| Aug 12, 2023 | Listed by M. Titus Realty, Inc. | $145,900 | |
| Listed by M. Titus Realty, Inc. | |||
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Great Opportunity for an Investor to Redevelop this property Located on heavily traveled Route 12 in Webster. Land is ready to be developed! Property provides great commercial visibility with past state traffic counts of 12,630 vehicles for the year 2022. Prior the Property was a store with office space and parking. Electricity, water and gas at street Motivated seller! Make an offer!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017