167 David Road
About This Property
The property includes an existing well and septic system (not in use for approximately 20 years; condition unknown), as well as a small pond that adds character to the setting. An older double-wide manufactured home on a brick foundation remains on the property along with a shed and both convey at no value; they will require removal by the new owners.
This lot is well-suited for placement of a new manufactured home or other residential use permitted by zoning. Whether you're looking for an affordable homesite or an investment opportunity, this property offers potential in a Wendell location with convenient access to surrounding areas.
Property being sold as-is.
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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 |
|---|---|---|---|
| Mar 18, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | In contract | - | |
| In contract | |||
| Feb 21, 2026 | Listed by Parrish Realty Company of Zebu | $110,000 | |
| Listed by Parrish Realty Company of Zebu | |||
Property Highlights
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About Windy Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017