11494 County Road 27
About This Property
The eat-in kitchen includes plenty of counter and cupboard space, a breakfast bar, a newer refrigerator, and a gas stove. The living room is generously sized. There are washer and dryer hookups. New windows will soon be installed in the living room and one of the windows in the larger bedroom.
The property includes a large lot that borders Wiscoy Creek offering easy access for fishing and for children to play by the water. Just around the corner is Wiscoy Falls. The view from the nearby road's bridge presents one of the most picturesque waterfall scenes in the state.
Additionally, there is an older 2-car detached garage that adds extra storage space. The home and garage are being sold as-is.
The property is located approximately 5 minutes to Fillmore, 8 minutes to Letchworth State Park, 26 minutes to Warsaw NY, 1 hour 15 minutes to Buffalo NY and Rochester NY.
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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%.
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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 |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Aug 29, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Listed by Landquest Inc. | $62,900 | |
| Listed by Landquest Inc. | |||
| | |||
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This well-maintained mobile home has 3 bedrooms, 1 full bath, 924 sq. ft. and is situated on 1.8 acres bordering Wiscoy Creek in Hume NY, Allegany County.
The eat-in kitchen includes plenty of counter and cupboard space, a breakfast bar, a newer refrigerator, and a gas stove. The living room is generously sized. There are washer and dryer hookups. New windows will soon be installed in the living room and one of the windows in the larger bedroom.
The property includes a large lot that borders Wiscoy Creek offering easy access for fishing and for children to play by the water. Just around the corner is Wiscoy Falls. The view from the nearby road’s bridge presents one of the most picturesque waterfall scenes in the state.
Additionally, there is an older 2-car detached garage that adds extra storage space. The home and garage are being sold as-is.
The property is located approximately 5 minutes to Fillmore, 8 minutes to Letchworth State Park, 26 minutes to Warsaw NY, 1 hour 15 minutes to Buffalo NY and Rochester NY.
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| Dec 10, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017