1158 County Road 1240
About This Property
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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 |
|---|---|---|---|
| Jul 15, 2026 | Listed by Blue Ridge Real Estate, Inc. | $495,000 | |
| Listed by Blue Ridge Real Estate, Inc. | |||
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Jun 16, 2026 | Price Decreased |
$525,000
↓ $50K
(8.7%) | |
| Price Decreased | |||
| Mar 6, 2026 | Price Decreased |
$575,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
| Nov 20, 2025 | Listed by Blue Ridge Real Estate, Inc. | $599,999 | |
| Listed by Blue Ridge Real Estate, Inc. | |||
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Owner will carry note to qualified buyer. Approx. 3,000 square feet cooled and heated barndominium with approximately 1050 sq ft living area. Living space includes master bedroom with walk in closet, electric fireplace, walk-in shower and stacked washer&dryer unit in master bath. Open concept living and kitchen area with wood slat ceilings. Kitchen island with seating and live edge bar top. Walk out of the kitchen onto the large, covered patio where the family gatherings make wonderful memories. Second bedroom has bathroom with walk in shower off workshop. Covered back patio off the workshop-garage area also. Shop and home on separate electric breakers and RV outlet in place on back of home. Home has HVAC and workshop-garage has a mini split unit. Garage has 3 automatic doors with lots of room for an office area and workshop area. Dirt work has been completed for a house pad as well. Conex storage building with electricity connected. Concrete parking in front of the garage-workshop. Additional acreage available as shown in aerial picture.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017