000 Cullowhee Mountain Road #3
About This Property
Tremendously easy building site options at a couple of locations in the property that would afford either walk out basement or crawlspace foundations. Fronts on state maintained road and the private road has a asphalt binder coat and gravel. Modest covenants and restrictions and road maintenance fees. An RV may be utilized as a temporary residence during the period of construction, not to exceed two years.
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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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2023 | Listed by Todd Baucom Realty Inc | $97,500 | |
| Listed by Todd Baucom Realty Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/29/2023
|
Loft
|
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$115,000
Loft
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Todd Baucom
Todd Baucom Realty, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017