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Map
1370 Gopher Slough Road
About This Property
The main home is made of steel construction which requires very little maintenance and is insurance friendly.
Inside you will find 5 bedrooms, 3 bathrooms and sweeping cathedral ceilings that encompass gorgeous wood beams.
The spacious open floor plan includes wood look floor tile, a beautiful rock wall with electric fireplace and ADA compliant elevator.
This property feels like your own private retreat and would be the perfect opportunity for an income producing property. The top floor would also make a great mother-in-law suite. Included on property is a 600 sq. ft. garage, 3 ponds, mature Hammock trees and wooded trails. The gated community also includes a boat ramp to access Lake Harney. Bring your boat, four wheelers and other toys and make it yours. If you're ready to get away from the hustle and bustle this is your kind of property.
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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 |
|---|---|---|---|
| Aug 9, 2023 | Sold | ||
| Sold | |||
| Mar 2, 2023 | No longer available | - | |
| No longer available | |||
| Feb 16, 2023 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Feb 4, 2023 | Price Increased |
$750,000
↑ $125K
(20%) | |
| Price Increased | |||
| Jan 24, 2023 | Listed by Blue Marlin Real Estate | $625,000 | |
| Listed by Blue Marlin Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017