1207 County Road 62
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 |
|---|---|---|---|
| Aug 5, 2021 | Sold | ||
| Sold | |||
| Jun 18, 2021 | Listed by The Family Realty Company, LP | $526,500 | |
| Listed by The Family Realty Company, LP | |||
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Unrestricted 9 acres with existing agricultural exemption for cattle. Major interior and exterior renovations/upgrades throughout, completed in 2019 thru 2021, including full open concept Kitchen: flooring, lighting, smear-resistant stainless appliances, countertops, backsplash, cabinets, hardware and much more. Move-in with no projects to complete. Detailed upgrades list valued at approximately $100,000 is provided with the "Attachments". 1511 sq ft garage/shop/man cave plus 753 sq ft covered parking (currently used as an additional entertainment area). Layout drawing is with Attachments. Solar/energy friendly covered porches (front and back) which extend the full width of the home. Covered, double RV parking with electric. Circle drive in rear. Pole barn. Corral. 2 livestock shelters. 500 ft deep, 6 inch water well. Double pane, argon filled windows with transferable warranty. New/recent construction nearby including 2 adjacent, full featured, custom homes (see aerial photo).
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| Apr 26, 2019 | Sold | ||
| Sold | |||
| Mar 11, 2019 | Listed by Realty Associates | $408,900 | |
| Listed by Realty Associates | |||
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Welcome to 1207 CR 62, tucked away on 9 acres sits this beautiful ranch style home. Enjoy your quite mornings on a wrap around porch with a breathtaking view! This 3 bed 2 bath includes a large barn that can be used for parking or even your ideal man cave in addition to an RV/boat cover. Step into your new open concept kitchen with spacious counter tops. Or enjoy an evening with family while relaxing by your wood burning fire place. To add to it, your master bedroom has double walk in closets, a large bathroom with double sinks, a garden tub and a shower. This country oasis is awaiting its new owner! To experience the beauty of this Country Home be sure to take a Virtual tour by clicking the virtual tour and exterior drone link below!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017