117 Hunters Chase
About This Property
**The Cottage House**
- 2 acres
- 2100 sf, 3-bedroom, 2-bath two-story remodeled farmhouse
- Single-car attached garage
- Utilities: Well water, Bluebonnet electric
- Vintage double-sized Wolf Stove (propane)
- Additional Structures: The Pump House: 2 stories, 1,440 sq ft, 2,500-gallon holding tank + Workshop. 2 RV outlets.
- Manufactured Home: 1,144 sf 3 bedroom, 2 bath.
- 1,200 sf Tabernacle RV cover with full hook-ups (Mercedes RV negotiable)
- Well water and Bluebonnet electric
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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 |
|---|---|---|---|
| Oct 16, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Oct 1, 2024 | Price Decreased |
$695,000
↓ $301K
(30.2%) | |
| Price Decreased | |||
| Aug 9, 2024 | Listed by All City Real Estate Ltd. Co | $996,000 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017