0 Ca-41
About This Property
Recently, 2.5 acres have been replanted with healthy Cabernet Sauvignon, now in their third leaf and ready for the first harvest this year. Additionally, 5.5 acres have been cleared of old vines, retaining the existing trellis and irrigation infrastructure, creating a blank canvas for immediate planting.
This prime location includes an excellent well with high-quality water, recently tested and ideal for sustaining both the vineyard and a future home. With expansive flat and gently sloping terrain, this property offers ideal sites for a home, guest house, shop, or equestrian facilities-making it a versatile and appealing investment opportunity.
Don't miss out on this remarkable chance to invest in a thriving vineyard. Contact us today to explore this extraordinary property!
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | Listed by Vineyard Professional Real Estate | $525,000 | |
| Listed by Vineyard Professional Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017