1404 JEFFERSON HIGHWAY
About This Property
3 bedroom / 1 bathroom ranch on 2+ acres. Plenty of outdoor storage/sheds (3) for tools, lawn equipment, and more. Carport at the end of the driveway is has enough coverage for two vehicles.
A patio off the kitchen is perfect for backyard barbeques and enjoying time with friends. An area of the yard is fenced making it perfect for your pets or even a garden area.
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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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Apr 7, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by EXP Realty, LLC | $219,700 | |
| Listed by EXP Realty, LLC | |||
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Fixer-upper opportunity approximately 2 miles from the Town of Louisa and less than 0.5 miles from Thomas Jefferson Elementary School.
3 bedroom / 1 bathroom ranch on 2+ acres. Plenty of outdoor storage/sheds (3) for tools, lawn equipment, and more. Carport at the end of the driveway is has enough coverage for two vehicles.
A patio off the kitchen is perfect for backyard barbeques and enjoying time with friends. An area of the yard is fenced making it perfect for your pets or even a garden area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017