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About This Property
This beautiful 2 acre vacant parcel is located in a quiet, secluded area with stunning views of the mountains and valley below. The property is perfect for a variety of uses, including building a dream home, starting an in home business, or simply enjoying the peace and quiet of nature.
The property is level and has a gentle slope, making it ideal for building a home or other structure. The views from the property are simply breathtaking, and you will never get tired of taking in the scenery.
This is a rare opportunity to own a piece of paradise. Don't miss out on this amazing opportunity!
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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 |
|---|---|---|---|
| Oct 14, 2023 | No longer available | - | |
| No longer available | |||
| Aug 2, 2023 | In contract | - | |
| In contract | |||
| Jun 12, 2023 | Listed | $50,000 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017