180 CR 618
About This Property
A nostalgic wooden barn is located behind the house and has a small set of pens attached. Other structures include a shed, well house and cellar. Huge pecan trees shade the area behind the home. Plenty of room for a couple horses, stock show projects, garden etc. Put out a feeder and watch the deer come in! Private water well services the home, barn area and yard. Well is estimated to produce 25 gpm but with current pump is output is approx 7 gpm. Electric provider is Hamilton County Electric Coop.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 13, 2023 | Sold | ||
| Sold | |||
| Feb 11, 2023 | Listed by Janette Padgett Real Estate | $214,900 | |
| Listed by Janette Padgett Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017