1039 Bill Road
About This Property
Showings start Saturday
Great opportunity for an investor, contractor, or savvy homeowner looking to build sweat equity. This 3-bedroom, 1.5-bath home is ready for rehabilitation and offers plenty of potential to create a home that truly reflects your vision.
Situated on a large lot, the property also features a three-car garage, providing ample space for vehicles, storage, hobbies, or additional workspace. Located in the desirable Mohonasen School District, this property offers a fantastic opportunity in a convenient location.
Bring your ideas and your elbow grease and unlock the potential this property has to offer!
Property is being sold AS IS. Cash or conventional financing. Don't let this opportunity pass you by!
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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 |
|---|---|---|---|
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Listed by Clancy Real Estate | $249,900 | |
| Listed by Clancy Real Estate | |||
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About Rotterdam
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017