122 MACON Road
About This Property
The North dwelling at 120 Macon Rd is a 2-bedroom 2 bath mobile home recently remodeled, excluding the kitchen, but it is very clean and well organized. Upgrades include a new roof, siding, windows, flooring, bathrooms, AC with new duck work, painted inside and out as well as a 2-car insulated garage.
There is a studio/office that can be used as an efficiency, pool house or grounds keeper home equipped with full bath, bedroom, kitchen, living area and a screened lanai with fans and lighting with a paver brick sidewalk to the lanai/pool area.
Last but not least is a 2-bedroom 1 bath home, kitchen with wood-look tile throughout. The screen lanai is great to watch the wild turkeys and deers walking around at night. The lanai's floor is also finish with Shark Coating flooring. There is a lighted carport & separate laundry room. The home has a separate driveway entrance and has been occupied by a very nice, quiet and great single tenant for over 2 years and she would love to stay in her quiet retreat for as long as she can with family living nearby.
The owners have meticulously maintained this property, no expenses were spared throughout. . Plenty of green grass, crepe myrtles, bottle brush, bamboo, split leaf philodendron adorn the grounds. A family could literally live off the grid. There are two large RV garage bays including RVhookups to septic, 50-amp power and water inside and outside the garages. There is 1 separate workshop & a 250-gallon air compressor for air tools. All garages and lanais are insulated.
You really need to see this unique property to appreciate everything it has to offer!!!
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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 |
|---|---|---|---|
| Sep 1, 2026 | Price Decreased |
$1,495,000
↓ $105K
(6.6%) | |
| Price Decreased | |||
| Jun 29, 2026 | Listed by COLDWELL BANKER VANGUARD REALTY | $1,600,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Dec 13, 2012 | Sold | ||
| Sold | |||
| Aug 24, 2001 | Sold | ||
| Sold | |||
| Jun 20, 2001 | Listed by COLDWELL BANKER BEN BATES INC | $21,500 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
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MANY NEW HOMES NEARBY, NEAR BOAT RAMP (TAKE MOSELEY TO EDGEMOOR & TURN L, FOLLOW TO LUNDY, FOLLOW TO MACON & TURN L, SIGN ON LEFT)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017