Lot 18.6 Forestburgh 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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Apr 6, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Listed by Century 21 Geba Realty | $49,000 | |
| Listed by Century 21 Geba Realty | |||
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Dreaming of building your perfect home? Your wait is over! Now listed, this Fabulous level 5 acres of beautiful land is now for sale! This luscious property has evergreen and hardwood trees for year round privacy. Over 5 beautiful acres that are close to everything! Within minutes to the Glen Spey Circle Park, the Homestead School, the Delaware River for recreation, Barryville Farmers Market and State Land for hiking, hunting and exploring. Take a trip to Bethel Woods for music venues, Katrite water park for fun, Big Bear for snow skiing, raft down the Delaware River, Lake Superior State Park for swimming, fishing and water sports and the Resorts World Casino for night life are all within a short drive away. Only 2 Hours NYC with commuter trains and buses in Port Jervis. The perfect property in a perfect location. Don't wait schedule your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017