582 George Hill Rd
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 |
|---|---|---|---|
| Sep 11, 2017 | Sold | ||
| Sold | |||
| Apr 12, 2017 | Listed by Aberman Associates, Inc. | $310,000 | |
| Listed by Aberman Associates, Inc. | |||
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If you're tired of the loud, fast paced world around you, maybe it's time for a retreat into the tranquility of your own private estate. This 10 acre, scenic lot gently slopes eastward, allowing for a walk-out basement, but has plenty of terrain perfect for a horse paddock. You can choose to build your dream home close to the road to save on expenses or site it closer to the fish stocked pond where there is a beautiful view of rolling hills and fantastic southerly exposure. Wake up each morning to a calming sunrise knowing you have the perfect property for you to safely explore in this wonderful natural paradise. This location provides easy accessibility to all your suburban needs while still maintaining it's country charm, tranquil atmosphere and overall traditional character. Sewer, water, internet and electricity are available at the street.
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| Apr 24, 2016 | Listed by RE/MAX Traditions, Inc. | $139,900 | |
| Listed by RE/MAX Traditions, Inc. | |||
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Breathtaking lot in the heart of Lancaster and apple country! From Rt 117 travel a short distance on Langen Rd to beautiful George Hill Rd. You’ve admired this area every time you’ve driven by and now you can be part of it. Come and enjoy the peaceful country living! With fabulous old stone walls and gorgeous apple orchard views, this is one of the most picturesque settings in Lancaster! This two acre lot is mostly level and adorned with apple trees. Town water and sewer will be available to the lot…Buyer will be responsible for utility connections and sewer credits & betterments. Nothing left to do but build your dream home!
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| Jun 20, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017