Lot 59 Tom Street
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 4, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | In contract | - | |
| In contract | |||
| Dec 19, 2023 | Relisted | $7,500 | |
| Relisted | |||
| Sep 5, 2023 | Listed by Keller Williams Advantage Realty | $7,500 | |
| Listed by Keller Williams Advantage Realty | |||
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No HOA dues! This city lot is conveniently located in the historic community of Trinity. Offering paved roads and easy access to Hwy 19, this lot is ready for your new home, tiny home, or manufactured home. IF you are looking for an affordable option to own some land that's NOT located in a subdivision, this is a great opportunity! Please contact City of Trinity regarding water/sewer connection availability & fees.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017