28 Trap 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 |
|---|---|---|---|
| Feb 7, 2024 | Sold | ||
| Sold | |||
| May 26, 2022 | Sold | ||
| Sold | |||
| Apr 28, 2022 | Listed by Cameron Real Estate Group | $209,900 | |
| Listed by Cameron Real Estate Group | |||
| Feb 21, 2019 | No longer available | - | |
| No longer available | |||
| Oct 18, 2018 | Listed | $265,000 | |
| Listed | |||
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Unique Adirondack Log Home nestled in a private setting on 11+ acres is great horse property site. Barn is in place along with tons of fencing and kennels in place for farm, doggy day care or animal rescue set up. Home boasts 2736 sq' with finished living area on all 3 levels. Home is very rustic and has hand cut beam work. Heated primarily by wood on all 3 levels but also has electric heat in all living areas. Sit out on the full size farmers porch and enjoy nature. There is a large 4 stall barn too and fencing and paddock areas for all your farm critters. Set up perfectly for dog rescues or kennels or you chose your highest and best use for this active farm. The manager has listed the unit size as 2736 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017