3109 Fulton Road
About This Property
0.54 -acre property in the Blue Ridge Mountains with two RV lots, each with power, water, and sewer. One lot has been rented to a long-term tenant , however he understands it's for sale and can vacate once sold... the other includes a 2017 Montana RV, move-in ready. 8 minutes to town, 20 minutes to Highlands and Lake Glenville. Features a 300-ft well, metal carport, and storage shed. Great income potential or personal retreat.
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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 22, 2025 | Sold | ||
| Sold | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| Jun 1, 2025 | Price Decreased |
$142,000
↓ $6K
(4.1%) | |
| Price Decreased | |||
| May 7, 2025 | Price Increased |
$148,000
↑ $3K
(2.1%) | |
| Price Increased | |||
| Mar 27, 2025 | Price Decreased |
$145,000
↓ $2K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017