1067 Buffalo Bend
About This Property
This property is a 16.160 acre tract with just enough clearing that it will give the wildlife coverage to feel protected and make it home. The sellers built a 30 x 50 metal barn with concrete floor which is pre-piped for plumbing and sewer. There is electricity in place as well as a water well that is approximately 250' deep. The property is crossed fenced and ag exemption is in place at this time. There is also hog wire fencing around the entire perimeter of the property.
The property is approximately 85% wooded so if the new owner would like to have more cleared, they can clear exactly what they prefer.
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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 |
|---|---|---|---|
| Feb 26, 2020 | Sold | ||
| Sold | |||
| Nov 19, 2019 | Listed by Double G Realty, LLC | $299,900 | |
| Listed by Double G Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017