117 Perdue Lane
About This Property
The impressive 1,200± sq ft shop is every man's dream with electricity throughout, bright LED lighting, a 30 amp RV plug, and plenty of room for projects, storage, equipment, hobbies, or a home business. An additional 40-foot-long shed attached to the shop provides even more covered space for trailers, boats, tools, livestock equipment, RV parking, or outdoor storage.
Situated on approximately 1 acre shaded by beautiful mature hardwood trees, this property offers peaceful country living with room to spread out and enjoy the outdoors. Properties offering this much versatility, quality, updates, and usable shop space at this price point are becoming harder and harder to find... better hurry!
All information in this listing is deemed reliable but not guaranteed and should be verified by buyer.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Relisted | $399,000 | |
| Relisted | |||
| Jun 14, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Price Decreased |
$399,000
↓ $26K
(6.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017