15451 Highway 35 North
About This Property
The property backs up to a privately owned 200 acre farm. Because of it's frontage on 35, it might be well adapted to a commercial venture . Owner will consider a lease back after closing if that might be something you would consider. Whether you're looking for a private retreat, horse property, or investment opportunity, this one has it all. Schedule your showing today!
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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 15, 2025 | Sold | ||
| Sold | |||
| Jul 19, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Price Decreased |
$549,900
↓ $50K
(8.3%) | |
| Price Decreased | |||
| Apr 20, 2025 | Listed by Realty Associates | $599,900 | |
| Listed by Realty Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017