Lot 8 Emily Lane
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 30, 2013 | Sold | ||
| Sold | |||
| Oct 8, 2012 | Listed by Boston Signature Homes | $165,000 | |
| Listed by Boston Signature Homes | |||
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Beautiful land location in a neighborhood of single family homes. Easy access to many amenities, shopping, restaurants and commuting. Almost one acre in Rowley's most sought after subdivision. Approved septic design in hand. Foundation staked. Everything ready to go. No builder tie in. Conservation approval with order of conditions. Back of lot abuts Carriage Pines Golf Course.
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Address: 335 Madison Avenue, New York, NY 10017