87 Ossipee Mountain Road
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 16, 2020 | Sold | ||
| Sold | |||
| May 19, 2020 | Listed by Costantino Real Estate LLC | $28,900 | |
| Listed by Costantino Real Estate LLC | |||
| Jan 6, 2020 | No longer available | - | |
| No longer available | |||
| Sep 3, 2019 | Listed | $29,900 | |
| Listed | |||
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3.4 Acres of slightly sloping land. Potential building spot ready for you to start your project. It does have a shared driveway benefiting the property to the left. Just a short drive to Route 16 for commuting north or south. Also only a short drive to Conner Pond, a beautiful crystal clear pond, and Ossipee Lake is not far either. Mobile homes are allowed in this subdivision but must be within four years old.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017