Lot 97 Big Bow
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 30, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | In contract | - | |
| In contract | |||
| Dec 16, 2022 | Listed by Bubela Real Estate | $22,000 | |
| Listed by Bubela Real Estate | |||
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.11 of an acre lot available in the lake community of Indian lake. Raw land on a quiet and relaxing Street very close to the lake. Lots of mature trees. Clearing will be necessary. Deed restricted community includes a lake with a boat ramp and pier, pool, playground, picnic area and covered pavilion. Indian Lake website is available for the HOA bylaws and restrictions. Indian Lake is a 35+/- acre stocked lake available to residents.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017