27470 Schulte 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 20, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Compass | $2,149,000 | |
| Listed by Compass | |||
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Mid-Carmel Valley Farmhouse built in 2003 with contemporary amenities & mini home farm. Minutes from Carmel & offers the country lifestyle so many families dream of with fresh air,peace & quiet, ability to live off the land & starlit nights. Main level features family room, kitchen, dining area, master suite with 2nd bedroom, powder room & inside laundry room. Upstairs separate wing with 2 bedrooms, loft & full bath. 12 foot ceilings, plaster walls & hardwood floors throughout. Chef kitchen/great room has served as the heart of the home & designed with spacious island, gas stove top, double ovens, walk-in pantry, loads of cabinetry. two-way gas fireplace. Family/Dining rooms & Master suite with views & opens to deck with spa. Raised garden beds/greenhouse adapted for plentiful year round harvesting and fruit trees all on automatic drip systems, chicken enclosure, water fountains & room to play. Private well, owned solar system, sheds, water filtration system & more. Carmel Schools! The manager has listed the unit size as 2800 square feet.
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| Jun 11, 2021 | Listed by Compass | $2,149,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017