1611 Canterbury Downs 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 |
|---|---|---|---|
| Sep 9, 2026 | Listed by Real Broker | $380,000 | |
| Listed by Real Broker | |||
| Mar 3, 2024 | No longer available | - | |
| No longer available | |||
| Jan 1, 2024 | Listed by Legacy Property Sales, LLC DBA Keller Willaims | $540,000 | |
| Listed by Legacy Property Sales, LLC DBA Keller Willaims | |||
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Welcome to your dream log cabin home located in the highly sought-after community of Somerset Downs! This primary residential home is situated on almost an acre of land, providing ample space and privacy for you and your loved ones. As you step inside, you will be amazed by the open living concept of this home, which is an absolute must-see. The natural wood finishes and rustic style create a warm and inviting atmosphere that will make you feel right at home. With three bedrooms and two bathrooms, there is plenty of space for a growing family or for hosting guests. In addition to the ample living space, this log cabin gem also offers extra storage, ensuring that you have plenty of room for all of your belongings. Don't miss out on the opportunity to make this stunning log cabin your forever home. The location is incredible! 10-15 mins from shopping at Tanger Outlets, ample restaurants, and all the favorite attractions. 7 mins from Dollywood! Come and see it for yourself today! The manager has listed the unit size as 1824 square feet.
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| Dec 25, 2023 | No longer available | - | |
| No longer available | |||
| Oct 8, 2023 | Price Decreased |
$540,000
↓ $35K
(6.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017