Lot 94 Blue Jay Ln
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 21, 2026 | Sold | ||
| Sold | |||
| Mar 23, 2026 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Listed by The Brokerage Residential LLC | $75,000 | |
| Listed by The Brokerage Residential LLC | |||
| Feb 28, 2024 | No longer available | - | |
| No longer available | |||
| Feb 19, 2024 | Listed by The Brokerage Residential LLC | $139,000 | |
| Listed by The Brokerage Residential LLC | |||
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This 1.968-acre lot offers expansive lake views and is a perfect build site for your dream lake home. There is an adjacent 1.7 acres lot (mls#20539272) that can be purchased to make this a large piece of lake property. Both with stunning views. Located in the highly sought after gated Gaines Bend community, you will enjoy amenities such as two private boat ramps, a marina and courtesy docks.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017