27098 KARSCH RD
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 |
|---|---|---|---|
| Jan 5, 2021 | Sold | ||
| Sold | |||
| Nov 17, 2020 | No longer available | - | |
| No longer available | |||
| Nov 5, 2020 | Relisted | $230,000 | |
| Relisted | |||
| Nov 4, 2020 | No longer available | - | |
| No longer available | |||
| Oct 15, 2020 | Listed | $230,000 | |
| Listed | |||
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Get your own slice of paradise! This 7+ acre property was used for many years as a family "camp ground". It is picturesque with a variety of features: ancient oaks, open, cleared grassy areas, heavily treed areas, a deeply gorged seasonal creek with a stone ledge. There are hills, and some gently sloped areas. A concrete drive runs the entire length of the property, and provides an easement access for the neighbor behind; it is good for walking or accessing either end of the property. There is one well (600 ft deep) with a new pump with a 2500 gallon storage tank, and two septic systems on the property. There are 2 electric meters. The mobile home at the front of the property needs a lot of work and there is a cabin built as a 1337 sf storage structure with a small kitchen and bath that wlll remain. Both of the structures are in need of a lot of repair. Restrictions and survey are available in attached documents. When you meet a REALTOR to see the property, do not drive on the easement road on the right hand side when you enter; stay to the left and park in circular drive at the front of the property. The manager has listed the unit size as 2156 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017