8 Sky Meadow Farm
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 |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Apr 30, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2023 | Listed by Keller Williams NY Realty | $1,890,000 | |
| Listed by Keller Williams NY Realty | |||
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Unleash your imagination and bring your vision to life on this exclusive 5.59-acre property in a sought-after neighborhood in Purchase. Nestled on a private road, this rare gem offers ample space to design and construct your custom dream home. With the potential to subdivide into two separate lots, this unique property presents additional possibilities to make it your own. Don't miss out on this incredible opportunity!
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About Harrison
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017