2231 BEAR RUN RD
About This Property
3 bedrooms and 2 baths on upper level and finished office area with half bath on lower level ready for home office. Rear sunroom with custom epoxy covered mosaic flooring with a scenic view. Brick wood stove hearth in living room. The home has 400 amp service. The home has 2 heating zones Great steel outbuildings that can be used for vehicle storage, rv storage with potential stables with some box stalls, 6 bays with 12' x 14' doors and 8" concrete floors. The buildings are 40' x 92' and 40' x 60', with 1/2 bath in the building office area, separate wood storage building. also whole house generator and 1000 gallon propane tank. If you are looking for a well built home with land and many options for the out buildings set up for many different businesses then look no farther!
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Price Decreased |
$899,900
↓ $50K
(5.3%) | |
| Price Decreased | |||
| Sep 19, 2024 | Price Decreased |
$950,000
↓ $25K
(2.6%) | |
| Price Decreased | |||
| Jul 30, 2024 | Price Decreased |
$975,000
↓ $100K
(9.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017