Lots 723-724 James Craft 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 |
|---|---|---|---|
| Apr 13, 2021 | Sold | ||
| Sold | |||
| Feb 11, 2021 | Listed by Oro Realty | $6,000 | |
| Listed by Oro Realty | |||
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Get ready for summer and weekends at Lake Somerville with these 2 wooded lots in Somerville Place Subdivision. Approximately 1/4 acres with access to community water and electric is nearby. These tracts are heavily wooded and ready to be shaped into your new home site or a place to relax on the weekends. Somerville place offers parks and a community pool for its members and is a few minutes from the lake.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017