751 Plain St
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 |
|---|---|---|---|
| Dec 20, 2021 | Sold | ||
| Sold | |||
| Sep 18, 2020 | Listed by Vincent Albanese | $750,000 | |
| Listed by Vincent Albanese | |||
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Build-able lot located at the signalized intersection of Route 139 and Enterprise Drive. Formerly approved for Bank Branch. Can build approximately 7,000 SF building subject to permits and confirmation with the Town. Liberal Zoning, most uses allowed. Level lot ready to go.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017