1301 HOWE RD
About This Property
New items include 80 x150 ft. arena, water lines to all barns, electric to all barns. frost free pumps installed, 1/4 ac electric dog fence. Baseboard heat to tack room, hay racks in all stalls, large well holding tank, security system, updated electrical system, Full pull down stairs to attic in the home with flooring over whole house. Fan mounts for aisle in barn, some new fencing with electric fence hookup. Sawdust storage, hay loft in upstairs of the work shop. Fire pit for summer evenings. Beautiful stacked stone boundary line on one side of property. Woods to the rear of property have not been touched except for trails. View Across the street is all woods with white fencing. Built in combo locks on
doors. Lower den/music studio could be another bedroom. Fantastic horse property or could be used for pure outside enjoyment. Property is in excellent condition and ready for new homeowners.
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017