County Road 114
About This Property
The tract itself is a tapestry of native hardwoods and pine, interwoven with winding trails that unveil pockets of mature timber and rich undergrowth. The land is part of a vast timber belt in the county renowned for its wildlife and recreational prospects. It is noted that the property has two pad sites and several pipeline easements, there is no ongoing production. These features, in fact, enhance the land's hunting potential, presenting expansive edge spaces and ideal spots for food plots. It is also noted that there has been some dumping of some household and construction type debris in a few places on the property. . Don't miss out on this woodland paradise!
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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 8, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2023 | Listed by Whitetail Properties Real Estate | $425,000 | |
| Listed by Whitetail Properties Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017