100 Mullins Road
About This Property
This charming 3-bedroom, 2-bathroom CONCRETE BLOCK home offers the perfect blend of modern comfort and rural tranquility. Nestled on just under 3 acres of land, this property features a livestock barn, grazing field or paddock, and a chicken coop for those seeking a self-sufficient lifestyle. The home boasts updated floors and countertops, a beautiful brick fireplace, and a screened-in back porch for enjoying the serene surroundings. Outside, you'll find a detached garage and an attached carport for ample storage. Recent updates (within the last 5 years) include a new roof, well pump, water heater, and AC, ensuring worry-free living. The metal roof provides DURABILITY and LOW MAINTENANCE. Conveniently located near shops and restaurants, this farm offers the best of both worlds: the peace and quiet of country living with the convenience of city life.
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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 |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 14, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by CHAD AND SANDY REAL ESTATE GROUP | $279,900 | |
| Listed by CHAD AND SANDY REAL ESTATE GROUP | |||
| Sep 1, 2024 | No longer available | - | |
| No longer available | |||
| Jun 3, 2024 | Relisted | $279,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017