3 Stone Road
About This Property
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 27, 2024 | Sold | ||
| Sold | |||
| Sep 6, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by Coldwell Banker Community REALTORS® | $189,000 | |
| Listed by Coldwell Banker Community REALTORS® | |||
| | |||
|
This off-grid barn/cabin/cottage is ready for your dreams & ideas. It is set upon 17+ private acres with 7,500+ acre Wendell State Forest located just across the road from the driveway. The homestead has a good start with a Shelter-Kit cabin/structure that has many finishes completed both inside & out. It has an open floor plan living room & kitchen w/1 bedroom & an unfinished bath. There is a drilled well & a septic design in hand with a generator hookup in place. 3 solar panels and related equipment are there for a solar setup but that will be up to the buyer to get up & working as it is being sold “as is” and not currently operating. There is a clearing around the cabin with a little outbuilding. Many trails upon the property are ready for you to explore. Wendell is a quaint town with a vibrant community spirit, a country store, post office & an active Library. Located just off of a paved road and within 5 minutes of Route 2 and the Millers River. LIKELY NOT FINANCEABLE-OFF GRID!
| |||
| Aug 3, 2009 | Sold | ||
| Sold | |||
| Jan 16, 2009 | Listed by Coldwell Banker Community REALTORS® | $70,000 | |
| Listed by Coldwell Banker Community REALTORS® | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017