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About This Property
this 100 acre almost entirely wooded property is perfect for the avid sportsman! A recent timber harvest to 14 inches in diameter has left plenty of tops and slash for game cover and firewood. Deer, turkey, bear and plenty of small game call this area home. A really nice system of trails provides excellent access throughout and would be great for ATV's, snomobiles, horses, or just to take a quiet walk. The topography ranges from gently sloping to relatively steep. The woods consist of mainly hard and soft maple, cherry and red oak with occasional areas of pine and spruce. All rights will transfer with the sale and electric is available at the road.
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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 |
|---|---|---|---|
| Dec 1, 2017 | Sold | ||
| Sold | |||
| Aug 24, 2017 | Listed by Timberland Realty | $89,900 | |
| Listed by Timberland Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017