(40.-1-92.2) Deer Meadow
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 |
|---|---|---|---|
| Oct 29, 2021 | Sold | ||
| Sold | |||
| May 3, 2021 | Listed by McKean Real Estate, Inc. | $85,000 | |
| Listed by McKean Real Estate, Inc. | |||
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NATURE LOVERS WILL BE DRAWN TO THIS 8.89 ACRE PARCEL OF LAKEFRONT PROPERTY THAT IS LOCATED ON LITTLE BLACK LAKE; A RUSTIC WATERWAY THAT PROVIDES A HABITAT FOR WATER FOWL, WITH EXCELLENT FISHING, AND ALLOWS FOR DIRECT BOATING ACCESS TO 250 ACRE BLACK LAKE. BEAUTIFUL 8.5' X 13' ADIRONDACK STYLE BOATHOUSE STORES ALL OF YOUR "TOYS" AND IS A PERFECT SPOT TO HIDE FROM A SUDDEN RAIN SHOWER. GATED COMMUNITY, STONE WALLS, LAKESIDE DECK AND LONG WALK-WAY TO OPEN WATERS. BLACK LAKE OFFERS A SANDY BEACH FOR SWIMMING AND AN EASY ACCESS BOAT LAUNCH AREA. A CUSTOM SHED, CANOE, AND PICNIC TABLE ARE INCLUDED. A SECLUDED AND PRIVATE SPOT TO BUILD YOUR DREAM HOME. GREAT FOR KAYAKERS. BROKER DISCLOSES INTEREST. 8.89+/- ACRES INCLUDES PARTIAL WETLANDS
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