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Lot 7 Old West
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 |
|---|---|---|---|
| Aug 29, 2026 | Price Decreased |
$59,000
↓ $30K
(33.7%) | |
| Price Decreased | |||
| Mar 20, 2026 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $89,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
| Jan 31, 2026 | No longer available | - | |
| No longer available | |||
| Jan 13, 2025 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $89,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Discover a fantastic opportunity to build in a desirable area of Ludlow! Lot #7, a 2.68-acre parcel, is located on a quiet, dead-end street surrounded by well-maintained duplex homes, offering both privacy and a sense of community.This spacious lot is ideal for your next project, whether you're a homeowner or an investor looking to capitalize on Ludlow’s thriving real estate market. Additional Lots Available:Lot #6: 2.84 acresLot #9: 1.58 acres. Take advantage of the chance to purchase multiple lots and create a cohesive home or secure additional privacy. Conveniently located near local amenities, schools, and major routes, this is an opportunity you won’t want to miss.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017