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About This Property
Buffer Space: Create a permanent "green belt" or distance between structures.
Future Utility: Low-holding-cost land with minimal annual taxes. 0.09 Acre Privately owned real estate in Grant-Valkaria – Unique Buffer/Access Parcel Rare opportunity to acquire a 50-foot wide private parcel (Parcel ID: 29-37-24-00-109) in the heart of Grant-Valkaria. This 0.09-acre lot consists of the East 25ft of Lot 30 and West 25ft of Lot 31.
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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 |
|---|---|---|---|
| Jul 16, 2026 | Listed by EZ CHOICE REALTY | $5,000 | |
| Listed by EZ CHOICE REALTY | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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EZ CHOICE REALTY
Last Updated: 2 months ago
Data Source: Stellar MLS, MLS# TB8531807
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Address: 335 Madison Avenue, New York, NY 10017