LT 3 Hunter Ridge
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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%.
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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.
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 23, 2026 | Listed by Coldwell Banker High Country | $70,000 | |
| Listed by Coldwell Banker High Country | |||
| Sep 24, 2024 | Listed | $70,000 | |
| Listed | |||
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3.45 acre lot inside gated portion of Lakeland Estates (Phase 2). Nice high elevation building site. Over 200 feet of water frontage across 2 fishing ponds. Also includes Berm between the ponds which could be used to build a fishing dock/hut. HOA dues are $690/year; primarily for gate upkeep and road maintenance. Homes in the gated portion of Lakeland Estates range from $450k to well over $1m.
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Last Updated: 26 days ago
Data Source: GAMLS, MLS# 10855932
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