985 Route 17k
About This Property
garage in the front. They also will allow the brick house on the hill. 5.8 acres with two drilled wells and 2000 gal. Septic tank. An
existing 2400 sq. ft. three-bay garage suffered a fire in 2018. A brick house sits on the hill, which needs total renovation.
In addition, the building is unsafe to enter. The storage trailers are also for sale through a separate agreement. The property is
zoned R1A, but it was zoned as Industrial before recent zoning changes.
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Cap Rate Calculator
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 14, 2025 | Sold | ||
| Sold | |||
| Mar 15, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Mar 14, 2025 | Listed by Keller Williams Realty | $225,000 | |
| Listed by Keller Williams Realty | |||
| Nov 23, 2024 | Relisted | $225,000 | |
| Relisted | |||
| Nov 23, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017