28
Map
1923 State Highway 11 SE
About This Property
area that Overlooks stunning hills and seasonal creek! Walk out to 1 of your 3 custom hunting blinds.
Surrounded by crop land! Most of property is in forestry tax classification for inexpensive taxes! Just
around the corner from many groomed snowmobile trails, close to boat ramps. Be fishing in less than 10
mins from your house! Large 36x24 shop has poured concrete floor, is heated and has hardilap siding. 2nd shop is not heated it has hardilap siding, 2x6 construction has extra tall ceilings with extra tall doors and has a poured concrete floor. Owner is agent. Buyer to verify all information to their own satisfaction.
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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 |
|---|---|---|---|
| Nov 5, 2026 | Price Decreased |
$499,950
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Sep 30, 2026 | Price Increased |
$525,000
↑ $26K
(5.2%) | |
| Price Increased | |||
| Jun 16, 2026 | Listed by Savvy Avenue, LLC | $499,000 | |
| Listed by Savvy Avenue, LLC | |||
| Aug 16, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017