274 Potter 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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Dec 23, 2024 | Listed | $139,900 | |
| Listed | |||
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Completely remodeled 2 BR 1 BA single wide on 1.04 acres with custom built barn and a circular driveway. This home has had a complete makeover with new flooring, new lighting and ceiling fans, some new windows, kitchen cabinets, custom concrete countertop, built in shelves and a custom built fireplace with propane insert. One bedroom was made from 2 smaller bedrooms with a closet and built in shelving. The bathroom has been updated except for large tub. Bathroom has new ceramic flooring, fixtures, toilet and storage closet. Master bedroom has new flooring and a sliding glass door that goes out to an oversized deck. Washer and dryer also included. Seller replaced furnace this year and has a newer electric hot water tank. Behind the home there is a custom built barn / shed which is insulated and has 2 mini splits in it for heat, water, electric, and storage. There is also a brand new off-grid solar system with batteries included, just waiting to be installed.
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| Apr 11, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017