1
Map
lot 7 Leland Drive
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 |
|---|---|---|---|
| Mar 31, 2008 | Sold | ||
| Sold | |||
| Oct 30, 2007 | Listed by Gallagher Real Estate | $129,900 | |
| Listed by Gallagher Real Estate | |||
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"Leland Estates" The newest subdivision in Ludlow. This 11 lot cul de sac subdivision offers a private country setting with yet still great convenience. Lots are approved, perced, and all have completed septic designs. With quality construction, this subdivision is sure to be one of Ludlow's finest neighborhoods! Build your dream home and make Leland Drive your new address!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017