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About This Property
Higher ground within the tract may offer locations suitable for a camp or off-grid recreational use, subject to local and state permitting requirements. Lower-lying areas function as natural water retention zones and contribute to wildlife habitat. The varied terrain supports consistent wildlife movement and may be suitable for hunting, wildlife observation, or other outdoor activities where permitted.
No utilities are represented on the property. Buyers are responsible for verifying access, easements, and any utility options. Alternative power sources such as solar or generator systems may be considered depending on regulations and site conditions. Any proposed improvements should be reviewed with the appropriate agencies prior to development.
This property may appeal to those seeking undeveloped acreage for outdoor recreation or land ownership purposes. Access conditions, road maintenance responsibilities, wetland boundaries, flood considerations, and environmental restrictions should be evaluated as part of the buyer's due diligence process.
Overall, this tract offers undeveloped land with varied natural features in a rural setting. Prospective buyers are encouraged to consult surveyors, environmental professionals, and local authorities to fully understand the property and allowable uses before purchase.
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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 |
|---|---|---|---|
| Mar 23, 2026 | Price Decreased |
$575,000
↓ $75K
(11.5%) | |
| Price Decreased | |||
| Dec 19, 2025 | Listed by WHITETAIL PROPERTIES REAL ESTATE | $650,000 | |
| Listed by WHITETAIL PROPERTIES REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017