138 COUNTY ROAD 309
About This Property
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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 24, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | Listed by IHEART REALTY INC | $80,000 | |
| Listed by IHEART REALTY INC | |||
| Aug 3, 2024 | No longer available | - | |
| No longer available | |||
| Jun 10, 2024 | Listed by WATSON REALTY CORP | $80,000 | |
| Listed by WATSON REALTY CORP | |||
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4 contiguous lots located in a desirable area of 309 and Granger. Each lot is approximately one acre. total acreage is 3.78 high and dry with zoning of homes only and would make a great purchase for someone wanting to build more than one home or a family compound. Just a short distance away is a boat ramp allowing access to the St Johns river to enjoy all the area has to offer for outdoor activities such as fishing, boating, and water sports.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017