1371 Myrtle Road
About This Property
Nestled along a quiet country road, this spacious 2081 square foot fixer-upper offers endless potential for those looking to create their dream home. This home offers 2 master suites, each on opposite ends of the home. Set on a generous 8-acre lot, the property features a picturesque pond, perfect for relaxing or enjoying nature's beauty. Whether you're seeking a peaceful retreat, a homestead, or a project with room to grow, this home offers the perfect canvas.
Property Highlights:
4 Bedrooms, 3 Bathrooms (2 Master Suites)-plenty of space to renovate and customize to your taste.
Beautiful pond, adding tranquility and scenic views
8 acres of land, ideal for gardening, farming, or outdoor activities. A separate service pole for an RV Hookup close to the pond. The land is fenced for livestock.
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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 31, 2025 | Sold | ||
| Sold | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| May 6, 2025 | Price Decreased |
$239,000
↓ $16K
(6.3%) | |
| Price Decreased | |||
| Apr 6, 2025 | Relisted | $254,938 | |
| Relisted | |||
| Apr 5, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017