27525 State Highway 86
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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | Listed | $699,000 | |
| Listed | |||
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60 acre near new Home on the Range! The deer and antelope really do roam. Even a few turkeys. With 3 bedrooms and 2 bathrooms on the main level and the basement is nearly finished. Potential for 2 more bedrooms down there plus a workshop area and Family room with built ins. 2 wells on this property along with water rights determination. Front and rear decks are built with timbertech materials to stand the test of weather and time. Pastures already have water systems in place along with solar power to the well supply as a backup. Well has a filtration system installed. The drive east of Kiowa is ALL PAVED roads and 65 mph so it's an easy commute. Work from home with Starlink. Seller is leaving the system, buyer will be responsible for their own subscription to serve. Hot tub is included for those nights you want to sit under the stars and relax. 30x40 outbuilding with concrete floors and power offers endless opportunity. 60 acres next door is available for lease too. Back on the market and thru inspection, no fault of the property or seller.
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| Apr 16, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017