977 Piper Rd
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Real Broker MA, LLC | $300,000 | |
| Listed by Real Broker MA, LLC | |||
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Wow!! Rare opportunity to have 6+ acres in West Side with the opportunity to have horses, dog kennel etc... Capability to add another house in the back...buyer to check with town for verified use. House has great bones and loads of character with lots of original woodwork, just needs some love and money to bring it back! House does needs a new roof and a new boiler. Outbuildings are in disrepair and are not safe, do not enter. Cash or rehab loan needed.
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Address: 335 Madison Avenue, New York, NY 10017