15435 Coyote Haven Vw
About This Property
The property features pine and blue spruce trees planted along the perimeter, an irrigation system, private well, new septic system, upgraded electrical service, animal coops, RV hookups, and an impressive insulated two-story metal barn. The main level measures approximately 110' x 60' and includes water, industrial lighting, electrical service, and durable 6-inch concrete floors.The upper level provides an additional 26' x 110' of storage with 8-foot ceilings.
A separate 20' x 60' multi-vehicle carport offers a concrete floor and approximately 14-foot ridge height, providing substantial covered storage for vehicles, trailers, equipment, or recreational toys. Create your dream horse property, establish an agricultural operation, build a custom home, explore additional income-producing uses, or reimagine the existing barn as a potential barndominium or flexible living/work space, the possibilities are truly endless!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017