Lot 79 Blue Jay Lane
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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 13, 2021 | Sold | ||
| Sold | |||
| Apr 18, 2021 | Listed by Possum Kingdom Real Estate | $120,000 | |
| Listed by Possum Kingdom Real Estate | |||
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Huge 3.089 acre lot in the newly developed Reserve at Gaines Bend. Great vantage point looking out to the lake. Very large home-site with amazing 2nd story LAKEVIEWS and level land for building your dream lake home. Minimal lot preparation required. The location of this property is within a short distance to the boat ramp & courtesy day slips for your convenience. Come on out and enjoy the lake lovers fun lifestyle; fishing, boating, annual lake events, and escaping the hustle & bustle of the big city!
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14546409
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017