3061 County Road 422
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 |
|---|---|---|---|
| Dec 10, 2021 | Sold | ||
| Sold | |||
| Sep 9, 2021 | Listed by eXp Realty, LLC | $427,900 | |
| Listed by eXp Realty, LLC | |||
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Incredibly quiet & unique 2 acre lot. Horses are allowed. This home exudes so much character & charm, it is hard to put it all into words or pictures. Totally remodeled 1 story home with a large relaxing front patio. The Patio has huge wood posts & a gorgeous wood lined ceiling. New 14ft Gable added to the front of the home w/ flagstone walkway. When you walk in the front door, you see the large open living room & kitchen. Rustic looking, low maintenance, lifetime warranted, Vinyl floors throughout. Huge open kitchen w/ new cabinets, new appliances, quartz counter tops, & a huge island with breakfast bar seating. All bathrooms were completely remodeled. Seller said home never flooded. New plumbing, new roof, new Low-E windows. New gutters, New garage doors, New closet organizer systems in all closets, Old insulation removed and new installed in attic, New breaker box and wiring, New interior doors, baseboards & Trim, wifi thermostat, USB outlets. 500 sqft Bonus Room w/ Private Entry.
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| Sep 2, 2020 | Sold | ||
| Sold | |||
| Jun 15, 2020 | Listed by David Tracy Real Estate | $185,000 | |
| Listed by David Tracy Real Estate | |||
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Use your imagination and add your personal touches to update this 3-bedroom, 2-bath ranch-style home on two of the prettiest acres you will find in Alvin. The home has a large master with a walk-in closet and a master bath, two nice-size secondary bedrooms, a large living room (20x14), formal dining, and a large 23x23 art studio that would make an amazing man cave. The property has lovely trees and has plenty of space to build a workshop/garage for RV or boat storage. Or, you could put in a pool, build a barn or whatever you want. You can make this your dream property!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017