7-4 French 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%.
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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.
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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 |
|---|---|---|---|
| Nov 27, 2017 | Sold | ||
| Sold | |||
| Aug 22, 2017 | Listed by KW Coastal and Lakes & Mountains Realty | $75,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
| | |||
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Lovely 7+ acre lot with over 500' of road frontage and a stream going through the property. Driveway is already roughed in and a state approved 4 bedroom septic design already completed.
| |||
| Jul 18, 2016 | Sold | ||
| Sold | |||
| May 7, 2015 | Listed by The Gove Group Real Estate, LLC | $40,000 | |
| Listed by The Gove Group Real Estate, LLC | |||
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Last Updated Date: 2016-07-18
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4419670
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017