Lot 7 Ring 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%.
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 7, 2017 | Sold | ||
| Sold | |||
| Mar 20, 2015 | Listed by RE/MAX Platinum | $145,000 | |
| Listed by RE/MAX Platinum | |||
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Location! Location Calling all Builders or Someone that wants to Build their Dream Home on a Beautiful Retreat Lot! This is a Retreat Lot 3.56 Acres with plenty of Trees! True Nature at its Best! There are 8 Lots to Choose from! Hurry and come pick your Lot Today! In the process of doing Percby a well known Plympton Engineer! Located on a Great Country Road-Close to Kingston!
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Address: 335 Madison Avenue, New York, NY 10017