3160 COUNTY ROAD 218
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%.
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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 |
|---|---|---|---|
| Jun 20, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by COLDWELL BANKER VANGUARD REALTY | $1,500,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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Nestled behind two grandiose fenced pastures of grass and trees, this gated entry, all brick, completely customized home has more to offer than just quiet living. Let us boast about this amazing, one of a kind property with it's 2,316 sq ft main house, 895 sq ft guest house, 1,800 sq ft RV barn with massive storage, 1,344 sq ft barn with 3 stalls, 864 sq ft two bay exterior garage with office, additional covered RV parking, outdoor pavilion with attached-interior chef's kitchen, oversized firepit, greenhouse, in-ground pool with custom built pool house/barn and so many other desired features you just must see for yourself. This property is currently used as a primary residence and a location to host various events. With entry from both paved County Road 218 and the country, dirt road of Simmons Trail in Lake Asbury, the location of Truly Blessed Farms has the best of both worlds to offer anyone looking for this way of easy, yet elegant living.
The main house has been remodeled from floor to ceiling with a custom bar room, fireplace, granite kitchen with custom built in seating nook and separate formal dining room. The primary bathroom is complete luxury living with your own personal sauna. With generous size throughout, this well thought out plan calls for you to host social gatherings or simply enjoy the comfort. The guest house with glassed in lanai/gym offers a beautiful view of the pool, its own dedicated porch, and gives plenty of room to make your guests feel as though they are at a vacation getaway.
Many items on the property are included in the sale. Bring your RV's, boats, farm animals and four wheelers. This property is truly made for creating memories that will last a lifetime!
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| Apr 7, 2010 | Sold | ||
| Sold | |||
| Sep 17, 2009 | Listed by COLDWELL BANKER VANGUARD REALTY | $398,500 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017