9071 Route 9W #LOT1
About This Property
The whole package can be bought for $550,000. Or separately each lot:
Lot 1 - 7.4 acres- $325,000
Lot 2- 3.53- $75,000 located to the right of the motel
Lot 3- 3.4 acres last lot on the right
Lot 4 - 2.98 acres with pond, located to the left of the motel buildings. Could be sold separately for $75,000
Listed By
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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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2024 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Nov 1, 2024 | Listed by Oxford Property Group USA | $325,000 | |
| Listed by Oxford Property Group USA | |||
Property Highlights
9071 Route 9W #LOT1, Athens, NY, 12015
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
03/06/2022
| |
1 Bed
|
1 Bath
|
-
|
$220,000
1 Bed
1 Bath
|
$220,000
04/29/2021
|
-
|
Jamie Sittner
Berkshire Hathaway Blake
|
|
11/05/2020
| |
Loft
|
17 Bath
|
6230 ft²
|
$375,000
Loft
17 Bath
6230 ft²
|
-
-
|
-
|
Victor Mendolia
THE KINDERHOOK GROUP INC
|
Building Info
About Greene
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Oxford Property Group USA
Last Updated: 30 days ago
Data Source: Global MLS , MLS# 202428511
