17748 Red Mule 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 |
|---|---|---|---|
| May 20, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Jan 10, 2025 | Listed by LAND22 REAL ESTATE | $120,000 | |
| Listed by LAND22 REAL ESTATE | |||
| Apr 27, 2024 | No longer available | - | |
| No longer available | |||
| Jan 30, 2024 | Listed by GATEWAY SOTHEBYS INTERNATIONAL REALTY | $140,000 | |
| Listed by GATEWAY SOTHEBYS INTERNATIONAL REALTY | |||
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Introducing an 8-acre parcel, offering privacy, serene ruggedness & natural beauty. As you enter this picturesque property, a sense of peace & tranquility immediately envelops you. The private dirt road that leads to the acreage provides a welcoming seclusion. Complete with essential amenities such as a well & holding tank, a 3-bedroom septic system & a building pad ready for development, this property holds limitless potential for creating a truly idyllic living space. And sun-drenched hillsides are perfectly situated for optimal solar benefits. Discover the wonders of this property by following the small trail that winds its way through the enchanting woods. The property's end offers stunning views, reminding you of its natural splendor. The trail presents an opportunity to immerse yourself in the scenic beauty while reveling in the sense of freedom that comes with owning vast woodland expanses. The substantial 8-acre size guarantees an abundance of space for enjoying outdoor activities, creating gardens or recreational areas, or simply savoring the solitude that comes with owning such a vast piece of land. Whether it's off-grid living, self-sustainability, or the perfect spot for your new home, the property boasts essential amenities to expedite your building process.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017