58 Piping Rock Place
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 |
|---|---|---|---|
| Feb 14, 2024 | Sold | ||
| Sold | |||
| Jan 26, 2024 | In contract | - | |
| In contract | |||
| Jan 5, 2024 | No longer available | - | |
| No longer available | |||
| Jan 4, 2024 | Listed by Designed Realty Group | $14,500 | |
| Listed by Designed Realty Group | |||
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Stunning interior lot in the highly sought after Cape Royale, ready to build on! Property sits nice and no back neighbors. Tons of wildlife moves through the area and property is only minutes from the boat launch.
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| Nov 3, 2023 | Listed by Designed Realty Group | $14,999 | |
| Listed by Designed Realty Group | |||
| | |||
|
Stunning interior lot in the highly sought after Cape Royale, ready to build on! Property sits nice and no back neighbors. Tons of wildlife moves through the area and property is only minutes from the boat launch.
| |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017