81 Purgatory Rd
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 |
|---|---|---|---|
| Jun 15, 2023 | Sold | ||
| Sold | |||
| Dec 14, 2022 | In contract | - | |
| In contract | |||
| Nov 5, 2022 | Listed by New England Home Pro | $789,000 | |
| Listed by New England Home Pro | |||
| Oct 8, 2021 | Sold | ||
| Sold | |||
| Jun 19, 2019 | Listed by Robert K. Daw Real Estate | $499,900 | |
| Listed by Robert K. Daw Real Estate | |||
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Huge Price Reduction says sell this property! Attention Builders and developers, estate lot subdivision land. This offering of 82.29 acres of land is comprised of 4 contiguous parcels. There is a S.F. home and several outbuildings. Zoning is R1 requiring 80,000 S.F. with 250 feet of frontage. There is 333 feet of frontage on Purgatory Rd. and the land extends inland for several thousand feet; there are some old cart paths. I see possibilities for estate lot development.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017