36
Map
2956 DOUGLAS DAM 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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | Listed by Tennessee Elite Realty | $310,000 | |
| Listed by Tennessee Elite Realty | |||
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Charming country home situated on a total of 2.3 acres split over three separate parcels. One parcel features the home, another includes a garage-type building previously used for truck painting & yard sales, and the third is vacant, offering endless possibilities.
Key Features:
- No Restrictions: Ideal for those looking to park a camper, build a home, or add a mobile home. Public water is available on the property.
- Versatile Zoning: Currently zoned R1, but with extensive road frontage, there's potential for commercial use. The planning office indicates a straightforward process for zoning changes if applied for.
- Expandable Basement: Unfinished with a concrete floor, offering room for expansion.
-Prime Location: Easy access from Highway 66 and Exit 407, adjoining commercial property, and visible from the main road.
This property is perfect for those seeking unrestricted land with various possibilities, from expanding or updating the existing home to building new structures. The opportunities here are endless. Seize this chance to create your own investment plan with this versatile property!
Check out our video:
https://youtu.be/RC5XQ8hgopU
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| Jul 29, 2022 | Listed by Karen Whitlock Realty | $399,900 | |
| Listed by Karen Whitlock Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017