109 County Road 321
About This Property
This is the most adorable home I've seen in a long time. So homey, extremely clean, cute as can be. Two bedrooms could be 3, 1 full bath with an oversized walk-in shower. Kitchen, dining with open concept, all kitchen appliances will convey, all electric, Central heat and air, has community water and a water well for the yard. The large back yard is fenced with storage building. The land is fenced and will hold cattle or sheep. Has some coastal, needs fertilizer and water, stock tank, chicken pen.
$275,000.00
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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 |
|---|---|---|---|
| Feb 27, 2024 | Sold | ||
| Sold | |||
| Oct 27, 2023 | Listed by C Merworth Holdings, LLC | $240,000 | |
| Listed by C Merworth Holdings, LLC | |||
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20464701
Details provided by NTREIS and may not match the public record
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Address: 335 Madison Avenue, New York, NY 10017