129 KOTHMANN RD
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Feb 2, 2026 | Sold | ||
| Sold | |||
| Jan 21, 2026 | In contract | - | |
| In contract | |||
| Jan 13, 2026 | Price Decreased |
$340,000
↓ $15K
(4.2%) | |
| Price Decreased | |||
| Dec 23, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 22, 2025 | Listed by Real Broker, LLC | $355,000 | |
| Listed by Real Broker, LLC | |||
| |||
|
Amazing investment potential awaits in La Vernia. Set on 5 unrestricted acres, this property offers a versatile setup that's already producing income. You'll find a roomy 5 bedroom, 3 bath mobile home along with four RV pads, three of which are currently leased for $600 per month with utilities included. The main home could easily rent for around $2,000 per month, giving you a solid additional stream of income. Recent improvements include a new AC system, LVP flooring, updated sink, three new toilets, garbage disposal, and water heater. With four septic tanks on the property, this layout is designed for multiple occupants and gives you flexibility to expand or reconfigure in the future. With the potential to generate more than $52,000 a year in gross rents, this is an ideal opportunity for investors seeking land, cash flow, and long-term upside. Conveniently located just outside the city limits yet close to everyday necessities. A rare chance to secure an income-producing property with room to scale.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017