1322 County Road 878b
About This Property
One unique feature is the additional building, previously used as a pigeon coop, which presents a wonderful opportunity. Whether you're considering a hobby room, workshop, or simply extra storage, this space is brimming with potential and ready for your personal touch.
Outside, the large lot provides ample space for outdoor activities, gardening, or just soaking up the peaceful neighborhood vibes.
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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 |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | Price Decreased |
$315,000
↓ $15K
(4.6%) | |
| Price Decreased | |||
| Mar 26, 2024 | Price Increased |
$330,000
↑ $15K
(4.8%) | |
| Price Increased | |||
| Feb 23, 2024 | Listed by Coldwell Banker Realty - Lake Conroe/Willis | $315,000 | |
| Listed by Coldwell Banker Realty - Lake Conroe/Willis | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017