Lot 6 Douglas 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 |
|---|---|---|---|
| Jan 11, 2024 | Sold | ||
| Sold | |||
| Dec 7, 2023 | In contract | - | |
| In contract | |||
| Nov 21, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Nov 21, 2023 | Listed by LAER Realty Partners | $299,900 | |
| Listed by LAER Realty Partners | |||
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If you have been looking for a large lot on a cul de sac then look no further, because here it is. Build your own home on this great piece of land. A Permit has been pulled for a 1976 sq ft ranch style home with 3 bedrooms and two full baths, sitting on over 4.5 acres of land. Or amend the permit and build a different style home. Located within minutes to route 93. Act quickly to secure this lot.
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| Nov 1, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017