1935 Lowrys Highway
About This Property
Step onto the covered concrete front porch and into a traditional floor plan that includes a large den, ideal for gatherings. The home sits on approximately 5.45 acres, offering room to spread out, garden, or add additional structures as desired. In addition to the primary well and septic, the property features two additional wells and two additional septic tanks, providing flexibility for future use such as another homesite, workshop, or RV setup (subject to county approval). Enjoy morning coffee or evening relaxation on the covered rear deck, overlooking the expansive yard. A large carport offers convenient covered parking and extra storage for vehicles, boats, or equipment. With its solid brick construction, ample acreage, and multiple utility connections, this property is a great opportunity for buyers looking to personalize a home and make the most of a versatile country setting.
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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 |
|---|---|---|---|
| Jul 2, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Listed by Keller Williams Preferred | $275,000 | |
| Listed by Keller Williams Preferred | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017