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12903 FOLSOM Road
About This Property
Energy efficiency home with humidity-controlled A/C, blown-in insulation in the attic, and insulated interior walls helping keep the home comfortable year-round. The current owners enjoy impressive utility savings, with the average summer electric bill under $150.
Outside, the property is ready for your country lifestyle! The 24' x 48' metal building is equipped with power, providing plenty of room for a workshop, equipment, hobbies, or storage. A spacious pole barn also has power and water, making it ideal for animals, equipment, or additional storage.
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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, 2026 | Price Decreased |
$675,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Sep 12, 2026 | Price Decreased |
$685,000
↓ $12K
(1.8%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by REAL BROKER LLC | $697,400 | |
| Listed by REAL BROKER LLC | |||
| Oct 6, 2020 | Sold | ||
| Sold | |||
| Jun 5, 2020 | Listed by REAL BROKER LLC | $99,900 | |
| Listed by REAL BROKER LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017