113 LaNell Drive
About This Property
Embrace the allure of this well-desired locale where nature and convenience meet. With irrigation rights in place, the land ensures the continued growth and health of the orchard. A paved road leads directly to the property, providing easy access year-round.
Utilities are readily available, making it a breeze to build your dream home or expand the existing facilities. Electricity, natural gas, and water are conveniently located at the property line, simplifying the process for future development.
Whether you're envisioning a charming homestead or seeking an investment opportunity in this prime location, this acreage offers endless possibilities. Don't miss the chance to make this coveted piece of the Upper Valley yours to experience.
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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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Dec 3, 2023 | No longer available | - | |
| No longer available | |||
| Dec 1, 2023 | Listed by eXp Realty LLC | $100,000 | |
| Listed by eXp Realty LLC | |||
| Aug 2, 2023 | Price Decreased |
$235,000
↓ $15K
(6%) | |
| Price Decreased | |||
| Apr 21, 2023 | Price Decreased |
$250,000
↓ $25K
(9.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017