L3.3 Baker Road
About This Property
grassy area surrounding the pond with Feng shui rock pillars and sitting dock on the shoreline. 2nd small pond at the road. Included with this acreage is a great cabin with a loft bedroom and a front sitting deck. Electric is in place with included generator and solar panels. A woodstove for chilly days. Stone walls througout the woods. Perfect for outdoor recreational sports, such as hunting, snowmobiling, etc. or a paradise off the beaten track for those that just want to get away from it all!
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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 |
|---|---|---|---|
| May 19, 2023 | Sold | ||
| Sold | |||
| Dec 29, 2022 | Listed by Hunt ERA | $260,000 | |
| Listed by Hunt ERA | |||
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About Washington
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Hunt ERA
Last Updated: 4 years ago
Data Source: Global MLS , MLS# 202231699
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Address: 335 Madison Avenue, New York, NY 10017