23429 County Road 1
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 |
|---|---|---|---|
| May 2, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | Listed | $1,150,000 | |
| Listed | |||
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Huge price adjustment! Views and location are a great combination and this 8.97-acre property has both! Located on a lake, which you can kayak, paddleboard, hunt on, and more. The ranch-style home is energy efficient and the large, insulated shop/barn outbuilding has water and set up for heat. Great for a multitude of uses. When you enter the house, you will see how open the floorplan is and the wonderful views. The living room features a gas stove, wood floors and leads to the dining area. There are plenty of cabinets and granite counter space along with an eat-in breakfast bar. The primary suite has lots of natural light and fantastic views, walk-in closet and a well-appointed primary bath. Bedrooms 2 and 3 share a full bath. This part of the home could be closed off with a door for an in-law suite since it has its own entrance. There is also a powder room and laundry on the way to the garage. The attached oversized 2-car garage has a private 12x12 sqft office/study with mountain views (not included in homes square feet). The huge patio and deck on the west side of the house is great for entertaining with a pool as well. Most of the trees, shrubs and raised gardens are on a watering system. You can enjoy a nice walk down the flagstone path to the small patio down by the lake. This home has a lot to offer to the right buyer.
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| Apr 17, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017