Lot 57 Briggs Terrace
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 |
|---|---|---|---|
| Jun 1, 2016 | Sold | ||
| Sold | |||
| Mar 3, 2016 | Listed by Robert Paul Properties, Inc. | $125,000 | |
| Listed by Robert Paul Properties, Inc. | |||
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Buildable, grandfathered .51 acre lot at the end of a private, dead-end street. Town water and sewer available. This serene, wooded lot is located just minutes from Marion village, schools, waterfront and beach. This is the opportunity to build your dream home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017