850117 US HIGHWAY 17
About This Property
9 parcels are included in this sale two of the nine may be buildable based on current zoning but must be purchased by same property owner. The property iis zoned Open rural and a full description of uses can be found on Nassau county website. the parcels that end in 0020 and 0030 may be buildable but there has not been any wetland delineation done and wells and septic would have to have proper distances between each. Buyer is responsible for all due diligence. Parcel numbers will be listed in private remarks. Most of the parcels are contiguous but there is one developed lot that splits some parcels. The parcels outlined in yellow are the ones included in sale. Deeds show over 10 acres, Gis mapping shows 7.5. Owner does not have survey.
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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 22, 2025 | Sold | ||
| Sold | |||
| Jul 5, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Listed by BOLD & SOLD LLC | $170,000 | |
| Listed by BOLD & SOLD LLC | |||
| Nov 3, 2024 | No longer available | - | |
| No longer available | |||
| Nov 3, 2023 | Listed by BOLD & SOLD LLC | $100,000 | |
| Listed by BOLD & SOLD LLC | |||
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copy septic tank and wells will be required
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017