3007 Folsom 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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Jan 2, 2024 | Listed by Blue Marlin Real Estate | $500,000 | |
| Listed by Blue Marlin Real Estate | |||
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Looking for a small, manageable farm? Look no further. This charming farmette has all you need. Almost 4 acres of fenced land, brand new three bay metal garage and workshop, detached studio apartment, vegetable garden, livestock pasture, renovated sprinkler system with water piped all over the property, new Maytag water treatment system, new roof, a new whole house Generac generator with new 500 gallon propane tank, and an extended asphalt apron in front of the garage, which allows grass to grows over it so heavy vehicles don't get stuck in wet conditions and your yard doesn't look like a parking lot. There are chickens, ducks, and four mini donkeys that can come with the property. Hidden from the road, this is a lovely and peaceful home and property.
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| Jul 6, 2021 | Sold | ||
| Sold | |||
| Mar 27, 2021 | Listed by Keller Williams Realty Brevard | $369,000 | |
| Listed by Keller Williams Realty Brevard | |||
| Jan 13, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017