8
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62430 US Highway 285
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 |
|---|---|---|---|
| May 4, 2026 | Listed | $395,000 | |
| Listed | |||
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Apr 13, 2025 | Price Decreased |
$355,000
↓ $44K
(11.1%) | |
| Price Decreased | |||
| Oct 18, 2021 | Listed by Deer Creek Realty | $399,276 | |
| Listed by Deer Creek Realty | |||
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Great OPPORTUNITY for new development. Zoned Commercial 15+ gently sloping acres off Crow Hill BAILEY provide a pleasing, natural mountain backdrop for any improvement. Ideal for investors, developers or owner users. Build to suit your vision for growing Bailey community. Excellent visibility and access from US Highway 285. Accessible via existing paved road. WELL DRILLED ON PROPERTY. Taxes will be determined in accordance with new use. Survey plat Available. ***NEEDS SEPTIC SYSTEM (does not fit with required MLS template)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017