705 Lena 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 |
|---|---|---|---|
| Jan 14, 2026 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Nov 3, 2025 | Listed by Find Advisors | $30,000 | |
| Listed by Find Advisors | |||
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Great space to build your dream home or build a camp! Electric is right at the road. No matter the direction you take, you will be building next to a 1245 acre track of public land, which is great access to hunting (during appropriate seasons), hiking, mountain biking and other winter sports! Check it out for your next investment!
| |||
| Nov 22, 2021 | Sold | ||
| Sold | |||
| Jun 2, 2021 | Listed by John Mitchell Real Estate, LLC | $24,500 | |
| Listed by John Mitchell Real Estate, LLC | |||
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Address: 335 Madison Avenue, New York, NY 10017