70 Briar Spring Rd
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 7, 2023 | Sold | ||
| Sold | |||
| May 16, 2023 | In contract | - | |
| In contract | |||
| May 2, 2023 | Listed by Kinlin Grover Compass | $1,200,000 | |
| Listed by Kinlin Grover Compass | |||
| | |||
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Explore the possibility of constructing your dream home with the potential of a slice of Pochet Inlet view, on land that is already skillfully landscaped, hardscaped and irrigated. An existing, unique barn with two bays-- one large enough for a full-size recreational vehicle, the other accommodating a standard vehicle, is sited at the rear of the lot and could be annexed with a newly constructed residence. Though not formally recognized by the town, the existing structure on concrete slab includes a kitchen with major appliances, cabinetry and a washer and dryer, as well as generous storage space for tractors and yard implements. Established asparagus and rhubarb are ready to burst forth in spring from a spacious fenced vegetable patch. Mature specimen trees and shrubs offer four-seasons of color and interest, while stone retaining walls and split-rail fencing anchor the property.
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| Dec 1, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Oct 15, 2022 | Listed by Kinlin Grover Compass | $1,200,000 | |
| Listed by Kinlin Grover Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017