3071 Highway 2861
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 8, 2021 | Sold | ||
| Sold | |||
| May 3, 2021 | Listed by PRIME COUNTRY REAL ESTATE | $359,000 | |
| Listed by PRIME COUNTRY REAL ESTATE | |||
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PERFECT HORSE PROPERTY! This place has everything, 3 bed 2 bath energy efficient all metal home, covered porches, multiple RV covers, insulated shop, fenced & cross fenced, 2 water wells and beautiful trees on 8.495 acres! Lots of pens and sheds for your animals and excellent net fencing with pipe frame and pipe pens plus remote gate openers. One of the RV covers has an electric meter and a septic installed for a second home site and there are 20-30 multiple types of producing fruit trees! Call now!
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| Jul 29, 2017 | Listed | $265,000 | |
| Listed | |||
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A dream come true with a lake just around the corner! This place has 3B 2B metal home sitting on enough acres to raise stock show animals, goats or anything you might want to raise. Water well, RV cover, carport and insulated shop, fenced and cross fenced are just a few of the things that make this the place perfect for your family! Call now for your appointment! The manager has listed the unit size as 2644 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017