111213 Old Highway 69
About This Property
The land is fully fenced and features a stocked pond, making it ideal for recreation, livestock, or simply enjoying the peaceful surroundings. With no restrictions, the possibilities are truly unlimited-whether you're looking to build your dream homestead, start a business, or invest in land with future potential.
Utilities are already in place, as the property previously had a home, with electric, water, and sewage available-saving you time and expense when you're ready to build.
If you've been searching for a versatile property in a great location, this one is ready for you. Call today and start turning your dreams into reality!
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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 |
|---|---|---|---|
| May 11, 2026 | Listed by Lakeside Real Estate | $130,000 | |
| Listed by Lakeside Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017