1696 GREEN VALLEY 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 |
|---|---|---|---|
| Oct 2, 2022 | No longer available | - | |
| No longer available | |||
| Jul 22, 2022 | No longer available | - | |
| No longer available | |||
| Jun 23, 2022 | Listed | $1,800,000 | |
| Listed | |||
| May 6, 2022 | Listed | $1,800,000 | |
| Listed | |||
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Mountain Vista Farm is an incredible 470 acre +/- acre farm and forest adjoining the Appalachian National Scenic Trail Park for nearly one mile and is just minutes to the mighty New River, one of the earth's oldest rivers, second only to the Nile. This very private, multi-use investment property offers the opportunity to create a family legacy retreat and enjoy a completely self-sufficient and sustainable lifestyle. OVERVIEW Mountain Vista Farm is privately owned and offers ultimate privacy and insulation from the outside world. Very seldom do properties of the size and quality come up for sale in Monroe County. With 470 acre +/- acre multi-use acres, the farm offers the opportunity to enjoy a self-sufficient and sustainable lifestyle. The property is well-suited for a family retreat, agritourism, agriculture pursuits, outdoor recreation, timberland investment, wildlife/nature connections and residential development. HIGHLIGHTS *One of Monroe County's most beautiful and private country estates *470 acres +/- multi-use components of farm, forest, wildlife, water, and recreation *The three residential homes provide the foundation for creating the ideal family retreat *150 acres +/- agricultural land and 320 acres of forestland *Each year the agricultural grasses and forest trees combine to produce tons of life-giving oxygen also sequester thousands of tons of carbon dioxide *An owner's opportunity to be enjoy a carbon neutral footprint *Dynamic forest with some old growth trees estimated to be 200-300 years old *Commercially valuable timber available for immediate harvest if desired *Nearby is the 70,000-acre New River Gorge National Park and Preserve, America's newest National Park *Adjoins the Appalachian Trail National Trail for nearly one mile high atop Peters Mountain at 3200 feet elevation *20 minutes to the New River *40'x42′ horse ban, 42'x45' main barn, and several other outbuildings *10-acre deer pen with high fencing, cattle handling area, Buffalo pen ^One mile of intermittent streams and 10 large hollows spread across the mountain range Numerous mountain springs available for development *All mineral rights in title will convey *Quality farm fencing and animal stock pens in place *Farmland management increases carrying capacity and extends the grazing season *Rich and diverse resident wildlife population unrivaled in the region *Minutes to Peterstown, historic Union and an easy drive to Roanoke's jet airport *3 farm ponds *Patches of forest intertwine with the farm fields creating an exciting recreational property *Farm and forest roads wind through the property providing superior access *Ongoing wildlife program enhances habitat, increases diversity, and promotes the health of the resident wildlife *A rewarding permaculture lifestyle can be easily developed *Superior access by state maintained paved roads - FedEx, UPS and USPS delivery *Cell phone coverage is good in most areas, internet connection through cable *Darkest of skies with little light pollution for star-planet gazing & astrophotography Sedges, rushes, ferns, songbirds, frogs, turtles, & crawdads populate the ponds and wetlands *5 minutes to Peterstown *Timber species include beautiful oaks, black walnut, poplar, maple and hickories *Low taxes, low population density Scenic, cultural, and historic attributes provide exceptional quality of life values
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017