Lot 7 Alpine Dr
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 6, 2024 | No longer available | - | |
| No longer available | |||
| Apr 2, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Dec 5, 2023 | Listed by RE/MAX Prof Associates | $25,000 | |
| Listed by RE/MAX Prof Associates | |||
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Buildable lot in Southbridge with an old stone wall. Will need some vision and site work to build in an area not far from from the Connecticut line in an area with some recent growth and new construction.
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| Dec 22, 2020 | Sold | ||
| Sold | |||
| Oct 7, 2020 | Listed by Lilly Realty | $45,000 | |
| Listed by Lilly Realty | |||
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LOOKING FOR A PEACEFUL LOT TO BUILD YOUR DREAM HOME? THERE ARE 2 SEPARATE LOTS AT THIS GREAT PRICE! Both lots together are over 8 acres & have almost 160 ft of frontage. Just waiting to be developed! There is plenty of land to accommodate all your outdoor activities. SELLER IS MOTIVATED!
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Address: 335 Madison Avenue, New York, NY 10017