87 Falls 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 |
|---|---|---|---|
| Jul 25, 2008 | Sold | ||
| Sold | |||
| Apr 23, 2007 | Listed by Foster-Healey Real Estate | $115,900 | |
| Listed by Foster-Healey Real Estate | |||
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Private location to put up your dream home, possibly using some materials from the existing structure. Stone walls around the land with red oak and white pine trees along with seasonal views of rolling hills are just some features of this 12 acre property. Over 1200' of road frontage could make subdividing a possibility. State land with many trails and waterfalls nearby. Road newly resurfaced. There is potentially thousands of dollars of marketable timber on the property. Two lots at least.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017