85241 JESSIE LN
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 |
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| Aug 28, 2026 | Listed by Real Broker | $325,000 | |
| Listed by Real Broker | |||
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You've never seen anything like this! Six acres to create your dream property with a ~2300 square foot shell of a home already built. Construction began in 1974 but was never finished. Excellent framing inside and perfectly situated on this secluded site with wonderful views. Existing well, septic and power are on site. Fiber optic internet available. Original permit documents are available upon request. Well has not been tested recently. No well logs on file. Septic has not been scoped. No records on file. Storage containers on site will be removed prior to close of escrow. It is our understanding the existing structure can be finished with new permits. Sellers had intended to use it as a barn, and build a new house. No original house plans or architectural drawings are available.
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| Jul 8, 2026 | Listed by Real Broker | $325,000 | |
| Listed by Real Broker | |||
| Apr 30, 2024 | No longer available | - | |
| No longer available | |||
| Feb 25, 2024 | Listed by ReMax Integrity | $375,000 | |
| Listed by ReMax Integrity | |||
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Tucked away 6 acres in tranquil dense forest and long valley view potential. Just 12 minutes from Churchill School, located in Peaceful Valley. A very sought after, private country neighborhood of large acreages. An excellent view building site and very private. 1600+/- sq. ft. home started in 1974, but never completed. Could be a great project, ADU, shop or storage. 2 wells, existing septic and power at parcel. Fiber optic internet available. Long valley view from your new building site or become a secluded homesite further into the parcel nestled among pines and firs. An extremely rare find of country seclusion, yet close to town. Sold as a building site only. No FHA, VA rehab or construction loans.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017