23 White Birches Drive
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 |
|---|---|---|---|
| Mar 30, 2023 | Sold | ||
| Sold | |||
| Nov 14, 2022 | In contract | - | |
| In contract | |||
| Oct 26, 2022 | Listed by Salmon River Realty | $129,900 | |
| Listed by Salmon River Realty | |||
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2 BR, 1 BA Turn-Key Ranch on a double lot (100' x 200') that has road frontage on White Birches Lane and Cove Rd. Home is currently being used as a fishing camp but can easily be used year round. City water has been hooked up and new pex plumbing and a new hot water tank installed. Can be used as your own home or camp or it can be used it as an AirBnB for added income. Tucked away, this ranch is located near the North Pond but not far from Lake Ontario, Boater's Beach, Sandy Island Beach and the World Famous Salmon River. Also not far from I-81 North or South. Right around the corner on Blind Creek, it also has deeded water access to the North Pond! This home is being sold as is and is coming furnished.
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| Sep 8, 2000 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017