Lot 8 Cross Street
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 |
|---|---|---|---|
| May 17, 2018 | Sold | ||
| Sold | |||
| Apr 12, 2018 | Listed by LAER Realty Partners | $250,000 | |
| Listed by LAER Realty Partners | |||
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First time offered. Breathtaking golf course views and golf course frontage at Stow Acres Golf Course. The lot is sloping and you can enjoy views of both the tee and the bogs. The well has been installed and the septic design is already done,the lot has been cleared and it's ready for you to go build your home with these fantastic views!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017