167 Gore Road
About This Property
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Listed by Vanessa Stone Real Estate | $197,000 | |
| Listed by Vanessa Stone Real Estate | |||
| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by Vanessa Stone Real Estate | $172,900 | |
| Listed by Vanessa Stone Real Estate | |||
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This is a very unique opportunity to live in the country and create your living space. 11.8 acre lot with 1 acre out of current use 10.8 acres in current use. The property is located on a class 6 road but what is outstanding is the town of Canaan does plow the road during the winter time. The owners along the road maintain it the remainder of the year. There is power on site, a drilled well, a 3 bedroom state approved septic design, a full cement foundation with walkout ability capped off 20'x24', large shed with power, and a carport. To top this all off is a tiny home which one can live in year round as you finish off your stick built house. The tiny home is very nice. It is an "Escape Tiny Home" manufactured in Wisconsin. When your stick built home is finished have guests stay in the tiny home or rent it out Air bnb. There is a meadow on the lot where it can be relocated too. The lot also has 50 feet of frontage on Clark Pond Road and Clark Pond has good fishing. Canaan Street Lake is also nearby. Across the street is the National Wildlife Refuge which is conserved so one is going to build there. You can hike, hunt, cross country ski, and snow shoe on the refuge land. Come and turn your dreams into an address. Seller is a licensed real estate agent.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017