22782 Third Avenue
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 7, 2024 | In contract | - | |
| In contract | |||
| Jul 21, 2022 | Listed | $825,000 | |
| Listed | |||
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Don't miss the extraordinary chance to own this 9.6-acre ranchette! Home w/ 3 beds & 2 baths nestled in the quiet town of Stevinson not far from the shopping & entertainment. The craftsman style house is unique & charming featuring built-in wooden cabinets, racks, shelves, & glass knobs. The backyard patio is resplendent w/ a colorful assortment of flowers bordered by a manicured lawn provides both beauty & privacy. There is a large finished & insulated 24 x 36 sq ft garage & workshop. Solar owned panels are installed on the garage roof which provides PG & E credits. The 9.6 acres of pastureland is irrigated w/ water from the Merquin Cunty Water District & the current crop is pasture hay. There are mature fruit & nut trees & a greenhouse, 3 storage buildings, 2 hay barns, feeders, cattle squeeze shoots, round pen, working corrals, perimeter & cross fencing. Close to the Hatfield park which provides swimming during warm summer days & fishing at the Merced & Stanislaus rivers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017