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10499 Atchley Lane
About This Property
Upstairs is 1,300 Sq Ft with 3 bedrooms, 2 baths, & loft.
Security gate entry with driveway winding up the hill to the home. The 400 Sq Ft rear deck looks out over the larger pond.
Built in 1998 the home has City water, well water & underground electric. Dual heating and A/C systems, the main level has a 5 ton all-electric heat pump that is 4 yrs old & upstairs has it's own 3 ton heat pump. An outdoor Hardy wood heater is for back-up heat & uses no electricity. Large carport.
There is a 20'x30 workshop/barn building with 10' high walls, concrete floor, & wood heater. Tool Shed is 36' x 16' with 2 closed-in rooms, concrete floors & a 20' long open shed for the tractor, etc. Sale includes a Kobota 40 HP 4-wheel drive tractor with front loader & bush hog.
Owner's are non-smokers, have taken immaculate care of the estate, & there have never been indoor pets.
30 miles from Mena & 1 hour from Fort Smith Airport.
Owner's are selling to move near grandchildren.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017