1407 County Road 311 RD
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 |
|---|---|---|---|
| Aug 24, 2026 | In contract | - | |
| In contract | |||
| Aug 1, 2026 | Price Decreased |
$650,000
↓ $350K
(35%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by Chriss Brokerage LLC | $999,999 | |
| Listed by Chriss Brokerage LLC | |||
| Jul 5, 2025 | No longer available | - | |
| No longer available | |||
| Oct 3, 2024 | Listed by Team Price Real Estate | $1,999,999 | |
| Listed by Team Price Real Estate | |||
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Adjacent lot, roughly .10 acres, for sale as pocket listing. Adjacent lot in Sandy Harbor POA. Inquire for more details. This sprawling 20 acre lot has a beautiful topography that lends to lake and hill country views. Electricity is already on the property and water is available to be brought to the lot. There are 2 work shop structures on the lot along with a slab and covered tiers for a potential single family structure. No survey is available and will be the responsibility of buyer. All aspects of the lot (minerals, improvements, school district, etc.) to be confirmed by buyer. Come tour at your leisure and imagine what this property has to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017