6032 Butte Mill 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 |
|---|---|---|---|
| Mar 3, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2020 | No longer available | - | |
| No longer available | |||
| Apr 27, 2020 | Listed by WK Real Estate | $4,350,000 | |
| Listed by WK Real Estate | |||
| Dec 18, 2019 | Price Decreased |
$4,500,000
↓ $450K
(9.1%) | |
| Price Decreased | |||
| May 7, 2019 | Listed | $4,950,000 | |
| Listed | |||
| | |||
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Approximately 4.2 acre lot. IG-Industrial Zoning: Sales & rentals of vehicles allowed; Vehicle servicing & parking lot allowed; Warehouse facilities allowed. Many other conditional and use review approvals available. Streets to west and south are private. ALTA Land Title Survey available. Environmental Phase I & Phase II reports available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017