18 County Road 640
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 |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | Listed by JLA Realty | $418,900 | |
| Listed by JLA Realty | |||
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Welcome home! This cozy, clean, and custom built home is awaiting its new owner! At 1,635 square feet, this home has 3 bedrooms, 2 bathrooms, and a cedar/cypress appointed kitchen/living space that is great for hosting guests or family! This property sits on .92 acres of land with no close neighbors. It is equipped with a large back porch and a 1,250 square foot workshop containing a 400 square feet air-conditioned apartment with its own bathroom and shower. Perfect for a college student or a mother in law suite. Also included is a 375 square foot boat shed, two 50-Amp RV electrical hookups, and septic attachment, ideal for the outdoors-man looking to store his equipment. This property does include deed restrictions, but no HOA. Schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017