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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%.
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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 |
|---|---|---|---|
| Dec 6, 2021 | Sold | ||
| Sold | |||
| Jun 29, 2021 | Listed by Reeves Real Estate | $599,000 | |
| Listed by Reeves Real Estate | |||
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Charming farmhouse just waiting for you near the desirable area of Wetmore! Situated nicely off the county road along Hardscrabble Creek offering privacy, seclusion and 21 acres, a portion of which is sub-irrigated. This home is warm and welcoming as you enter the large entry way, with convenient access to the laundry area, full bathroom and a pantry to go nuts over. Step down into the kitchen with easy care tile flooring, range top center island with counter seating and loads of cabinet space. Just around the corner is the open living area with brand new full length windows to enjoy the views and a wood burning stove with re-burn technology. Master bedroom offers access to the open patio, large walk-in closet and a 3/4 bath with it's own on-demand hot water heater. Continue upstairs through a convenient office area and you find two large bedrooms and a nice sitting area. Inviting covered patio, recently updated with built in flower beds on a drip system and a fireplace makes a great place for entertaining! Property is fully fenced, includes lean to style Barn, chicken coop, root cellar and more.
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| Aug 16, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017