312 County Road 2309
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 |
|---|---|---|---|
| Feb 28, 2022 | Sold | ||
| Sold | |||
| Jan 10, 2022 | Listed by JLA Realty | $249,000 | |
| Listed by JLA Realty | |||
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VERY WELL KEPT HOME ON OVER 2 ACRES LOCATED IN TARKINGTON ISD. This is a solid home that can be updated to your liking or leave it the way it is. You will have a look into a previous era of nostalgic wallboard and carpet, along with a very rarely used Montgomery Ward dishwasher still installed in the home. The original garage was turned into a large den along with added attached carport. There are some repairs to be made however they appear to be a simple fix for any handyman with a little knowledge. The 2 acre lot is cleared so there is plenty of room to add on, build a shop, RV cover or even do a little gardening. Personal well, and onsite conventional sewer. Propane tank on site supplies the gas range, Heating furnace and hot water heater. Buyer is responsible for purchasing a new survey if needed. Far enough out to be in the country but still within a short drive to Cleveland. Home has never flooded. Call today to set up your private tour.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017