1940 Eldridge Road
About This Property
Until recently, this has been a running 80-acre cattle farm. Property is fenced and gated for livestock management. There is a 3,200 SF metal barn and an adjoining 1,080 SF pole barn with livestock pens. Abundant wildlife from waterfowl to small game on mostly pastureland and wooded property. Hardwood and pine on wooded area which includes some wetland topography. Serene settings await you. Call today!
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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 |
|---|---|---|---|
| Mar 1, 2021 | Sold | ||
| Sold | |||
| Jan 6, 2021 | Listed by Coldwell Banker Realty | $435,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017