Lot#9 Francis Drive
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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Listed by Pennywise Properties | $125,000 | |
| Listed by Pennywise Properties | |||
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This lot offers endless possibilities. Driveway has been cut in and the lot is perfect for your dream home! Envision a secluded retreat within a nature lover's paradise. Create your own private happy place in paradise with abundant wildlife, all within a short distance to Main Street Narrowsburg! Let your imagination roam free on this pristine canvas on a private dead end road with High Speed Internet. If 7.5 acres is not enough, Lot #10 with 5.07 acres can also be combined (HGAR MLS#6288922). The Delaware River is a short distance away as are the neighboring Communities of Cochecton, Barryville, Eldred, Highland Lake, Bethel, Callicoon and Livingston Manor. Local amenities of fishing, kayaking, hiking, horseback riding, skiing, shopping, Breweries, Distilleries & Wineries and Farmers Markets!! Just 2 hrs from NYC with Train Service within 30 minutes. * * * Accepted Offer * * *
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017