279 Sub Road #ROCKYRIDGERD
About This Property
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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%.
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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.
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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 17, 2018 | No longer available | - | |
| No longer available | |||
| Oct 4, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2018 | Listed | $165,000 | |
| Listed | |||
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Great location in Cosby with easy year round paved road access! Beautiful corner one acre lot at the right entrance to Rocky Ridge Subdivision offers good privacy, nice fenced in front & side yard perfect for pets with lots of shady areas, & plenty of parking including a nice area with utility water hook up for an RV surrounded by wooded setting! Interior features include cathedral ceilings, tongue & groove walls in living areas, gas log fireplaces in dining & living areas, nice large office room with built in cabinetry, & 2 master suites on each end of home with large bathrooms including double sink vanities & washer/dryer hook up in each. One of the large bathrooms is handicap compliant with shower & handrails. More exterior features include a 448 square foot full length covered front porch with 2 access doors from dining & living areas & half of this space is screened in. Also the original attached carport area is 640 square feet which now includes an additional back screened in porch. Property includes a one car detached metal carport, 3 storage buildings, and new handicap ramp can stay with the property or owner will have it removed if preferred. This home was originally built as a duplex but has made a wonderful single family home for many years with split bedroom design & one electric meter on exterior of home. Includes 2 recently serviced HVAC units, 2 water heaters, & 2 electric panel boxes. The manager has listed the unit size as 1232 square feet.
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| Jul 16, 2018 | Listed by Cosby Real Estate, Inc. | $165,000 | |
| Listed by Cosby Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017