24108 Highway Fifty Eight
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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Sep 12, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Listed by EXP Realty LLC | $275,000 | |
| Listed by EXP Realty LLC | |||
| Nov 15, 2018 | No longer available | - | |
| No longer available | |||
| Nov 9, 2018 | Listed | $159,900 | |
| Listed | |||
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80 acres with approximately 1000 feet of road frontage on Hwy 58. The property is bordered by Long Branch creek on the west, Reedy Creek on the east and Allen's Creek on the south and Hwy 58 on the north. The open land has all been planted in plantation loblolly pines in the past few years but could certainly be turned back into open land and there are several acres of woods. Because of the terrain and the creeks the wildlife is abundant ranging from small game, deer, turkeys and bear. There are trails throughout the property making it completely accessible. A small pond is also on the property. The topography of the land is mostly level with high ground being on the road making several great house sites. The property is located between South Hill with access to I-85 and Clarksville.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017