Lot 72A Varney Road
About This Property
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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%.
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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 7, 2022 | Sold | ||
| Sold | |||
| Mar 30, 2022 | Listed by EXIT Reward Realty | $57,000 | |
| Listed by EXIT Reward Realty | |||
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Check out this excellent lot in the Locke Lake Community! Half acre lot on the corner of two paved roads, slightly sloping, so a perfect place to build a home with a walk-out basement and the best part is that you will have filtered views of the lake! Lot is wooded, but not overgrown, so it's easy to walk, and made up of mostly hardwood. This lot is high and dry, and you can't beat this location! Behind the lot is common land, so only one neighbor beside you and nobody across the street or behind. Don't miss this opportunity! Agents see non-public remarks.
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| Nov 14, 2014 | Sold | ||
| Sold | |||
| Jun 18, 2012 | Listed by Locke Associates Inc. | $17,500 | |
| Listed by Locke Associates Inc. | |||
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Last Updated Date: 2024-11-14
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4166898
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017