2821 STATE HIGHWAY 101
About This Property
A major highlight of this property is the large shop with enough space to accommodate an 18-wheeler, making it an excellent opportunity for a mechanic, contractor, business owner, truck or RV owner, or anyone needing substantial covered workspace or storage. The space offers tremendous flexibility for vehicles, boats, equipment, or a personal workshop.
Located along Highway 101, this property combines acreage, accessibility, and versatility while still offering the privacy and space of country living. Solar panels provide an added benefit by helping reduce monthly electricity expenses. Whether you're looking for a spacious home with acreage, a property with substantial workspace, or a place to accommodate large vehicles and equipment, this property offers a unique opportunity.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 9, 2026 | Listed by Mark Spain Real Estate | $270,000 | |
| Listed by Mark Spain Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017