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Map
0 E HIGHWAY 318
About This Property
Enhancing the property's natural appeal is a seasonal wet-weather pond that typically fills during periods of rainfall, creating a peaceful setting and attracting local wildlife. The pond is currently dry due to recent weather conditions, and water levels vary seasonally based on rainfall.
A recorded ingress and egress easement is in place, providing legal access to the rear parcels. Buyer/buyer's agent is responsible for verifying acreage, dimensions, zoning, land use, easements, flood zones, and all intended uses with Marion County.
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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 |
|---|---|---|---|
| Aug 26, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by HOMERIVER GROUP | $280,000 | |
| Listed by HOMERIVER GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017