27775 Burnt Mountain 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 |
|---|---|---|---|
| Apr 2, 2019 | Sold | ||
| Sold | |||
| May 14, 2018 | Listed by Bates Realty | $1,300,000 | |
| Listed by Bates Realty | |||
| Jul 8, 2017 | Listed | $1,650,000 | |
| Listed | |||
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Mountain Valley Ranch encompasses 92.08 acres consisting of APNs 186-062-25-00(33.6 ac), 186-062-26-00(26.36 ac) and 186-062-27-00(32.12 ac). The property offers a 40x90 metal packing warehouse with cooling system, a Major Use Permit allows for onsite packing and distribution of outside fruit, two 3 inch water meters, two wells producing approximately 50 and 80 GPM, a 40,000 gal reservoir fed by creek and a 70,000 gal reservoir fed by wells. Outstanding views of Palomar Mtn and Lake Turner. The manager has listed the unit size as 2816 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017