3 Vernon 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 |
|---|---|---|---|
| May 29, 2026 | No longer available | - | |
| No longer available | |||
| Jan 7, 2025 | Listed by BHGRE, Ben Bray & Associates | $35,900 | |
| Listed by BHGRE, Ben Bray & Associates | |||
| Apr 1, 2024 | No longer available | - | |
| No longer available | |||
| Mar 10, 2023 | Listed by United Country - Lakes and Land Realty | $35,000 | |
| Listed by United Country - Lakes and Land Realty | |||
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Tract #3 offers 1.008+/- acres by new survey in rural Hestand, KY. This property is located on Vernon Road near the Tennessee line. This beautiful wooded tract of unrestricted land would be ideal for building the home of your dreams, a lake home, or a place to park your camper/rv. This property is very secluded and offers stunning views. Water, electric, and internet are all available. Owner financing is available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017