881 Thomas 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 |
|---|---|---|---|
| Sep 28, 2026 | Listed by Beycome Brokerage Realty LLC | $625,400 | |
| Listed by Beycome Brokerage Realty LLC | |||
| Jan 31, 2020 | No longer available | - | |
| No longer available | |||
| Jan 26, 2018 | Listed by Norton Commercial Acreage Grp | $292,500 | |
| Listed by Norton Commercial Acreage Grp | |||
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Beautiful 100 acres of open pasture and mature timber located just 3 miles off I-85. Approximately 49 acres on the South side of Thomas Road and 51 Acres on the North side. Property can be bought as one tract or two individual tracts. Financing available with 15% down.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017