6543 State Route 3
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 |
|---|---|---|---|
| Sep 30, 2023 | Sold | ||
| Sold | |||
| May 22, 2023 | In contract | - | |
| In contract | |||
| Apr 19, 2023 | Listed by Salmon River Realty | $14,900 | |
| Listed by Salmon River Realty | |||
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This property conveniently located less than 20 minutes from the town of Mexico is just waiting for you to build your dream home! All the needed amenities are available, and the property is cleared so that you can build immediately! Land is 1.23 acres with well, septic, and an old foundation. Purchase in the spring and move in buy the fall! Also located close to Mexico Point boat launch, marinas, state parks, and only a few minutes to the Salmon River!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017