lot 6 Butter Hill Road
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 |
|---|---|---|---|
| Apr 24, 2009 | Sold | ||
| Sold | |||
| Mar 3, 2009 | Listed by Prudential Sawicki Real Estate | $115,000 | |
| Listed by Prudential Sawicki Real Estate | |||
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Large country lot on dead end street only 5 miles from Amherst center. Ready to build. Approved 4 bedroom septic permit. Driveway and well (200' and 7g/m) are installed. Seller will custom build or sell lot only. Listing agent is owner. Great opportunity/ Wonderful lot/ Many improvements already done.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017