9854 Hwy 271
About This Property
Highlights: Ample yard space,
Stabilized with limestone flex base,
16' eave height,
4 bays with 14'x14' roll-up doors,
Compressed air plumbing throughout.
1,165sf of office space including:
3 offices,
Breakroom,
Large showroom, foyer area,
Bathroom with shower.
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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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 7, 2025 | Listed by Drake Real Estate & Investment | $1,150,000 | |
| Listed by Drake Real Estate & Investment | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/07/2025
| |
Loft
|
-
|
-
|
$1,150,000
Loft
-
|
$1,150,000
05/30/2025
|
Matthew Marshall
Drake Real Estate & Investments
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017