15506 FLOUNDER Road
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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 24, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by SHOE REALTY INC | $299,000 | |
| Listed by SHOE REALTY INC | |||
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This property offers a perfect blend of privacy and rural charm. Appraisal completed August 2024. It features three bedrooms and two bathrooms with an open floor plan, situated on 2.16 acres of land. The property includes a greenhouse, barn, shed, and two ready-to-use 50 amp RV hookups. The interior was remodeled 2.5 years ago, while the roof and air conditioning system are seven years old. The deep artesian water well is also seven years old. Additionally, the shed and barn were rebuilt six months ago, and the back deck and side steps were redone 1.5 years ago. Several trees have been planted on the property, including peach, blackberry, elderberry, pomegranate, lemon, and persimmon. This home is move-in ready and suitable for gardening & livestock enthusiasts. Don't miss this opportunity to enjoy country living while remaining close to the city!
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| Jan 6, 2022 | Sold | ||
| Sold | |||
| Nov 3, 2021 | Listed by HERRON REAL ESTATE LLC | $185,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017