26251 Old River Road
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 |
|---|---|---|---|
| Jun 3, 2019 | Sold | ||
| Sold | |||
| Mar 24, 2019 | No longer available | - | |
| No longer available | |||
| Mar 1, 2019 | Listed | $793,000 | |
| Listed | |||
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Prime, 5-acre horse property with beautiful 3,452 sf home, fenced pasture, corral, 3,200 sf shop and additional acreage for growing crops. The super-clean home has 4 bedrooms, 4 baths, study, family room and kitchen. There is a gourmet kitchen featuring an island, dining area for 8+ people, granite counters, stainless steel appliances, double ovens, microwave and custom knotty alder cabinets. The front and back yards are beautifully landscaped. The large and valuable ($80,000 to $100,000) shop is huge and comfortably cooled w/ 2 swamp coolers. The pasture and extra acreage have underground piping for irrigation hook-ups. Water is supplied by a well which generates 50 gallons per minute. The property has a partially covered, pipe-fence corral for horses and livestock. See attached list of additional upgrades. This property will allow you to enjoy country living at its best with quick access to I-5 and a short drive to SW Bakersfield. The manager has listed the unit size as 3452 square feet.
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| Jul 30, 2018 | Listed by Watson Realty ERA | $793,000 | |
| Listed by Watson Realty ERA | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017