7116 Hells Gate Loop
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 |
|---|---|---|---|
| Sep 10, 2021 | Sold | ||
| Sold | |||
| Jul 14, 2021 | Listed by Williams Trew Real Estate | $48,000 | |
| Listed by Williams Trew Real Estate | |||
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HUGE price reduction! Recently cleared with incredible views of the famous Hells Gate from this property! Three lots that have been re-platted into one to give you plenty of room to spread out! Almost three acres with a seasonal creek in the back of the property. No time limit to build. Mostly level to slightly sloped that will be easy to build on. Sportsman's World has ample wildlife that is enjoyable to watch. Enjoy abundant amenities within the community which include an air strip, pool, tennis, full service award winning marina, boat sales and service, boat ramp, and stables.
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| Apr 23, 2021 | Sold | ||
| Sold | |||
| Jun 5, 2019 | Listed by Williams Trew Real Estate | $34,000 | |
| Listed by Williams Trew Real Estate | |||
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Three lots that have been re-platted into one to give you plenty of room to spread out! Have you heard of the famous Hell's Gate, it is visible from this lot. Almost three acres with a few trees with no time limit to build. Mostly level to slightly sloped that will be easy to build on. Enjoy abundant amenities in Sportsman's World which include a air strip, pool, tennis, full service award winning marina, boat sales and service, boat ramp, and stables.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017