22039 County Road 9
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 |
|---|---|---|---|
| Jul 15, 2022 | Sold | ||
| Sold | |||
| May 26, 2022 | Listed by LATITUDE40 Real Estate Group | $535,000 | |
| Listed by LATITUDE40 Real Estate Group | |||
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Well built classic brick ranch home on a corner lot with solid bones. Perfectly situated on an oversized corner lot with plenty mature trees offering a private oasis. The three acres of land has an abundance of fruit bearing trees and plenty of space to create your perfect farm home. This fully remodeled property features new windows, luxury vinyl plank flooring, new carpet, new HVAC system, new lighting throughout, and brand new septic system. This home appraised for $540,000 in February 2022 and is a great opportunity to make your own!
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| Apr 3, 2020 | Sold | ||
| Sold | |||
| Jan 27, 2020 | Listed by Colorado Land CO. LLC | $370,000 | |
| Listed by Colorado Land CO. LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017