32851 Long Bay Road
About This Property
The manager has listed the unit size as 2766 square feet.
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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 |
|---|---|---|---|
| Apr 11, 2024 | No longer available | - | |
| No longer available | |||
| Mar 9, 2024 | Price Decreased |
$699,000
↓ $26K
(3.6%) | |
| Price Decreased | |||
| Nov 2, 2023 | Relisted | $725,000 | |
| Relisted | |||
| Nov 1, 2023 | No longer available | - | |
| No longer available | |||
| Sep 11, 2023 | Listed by Coldwell Banker Select, Cochran | $725,000 | |
| Listed by Coldwell Banker Select, Cochran | |||
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Stunning 3 bedroom, 2.5 bath, 2 story with a stacked rock gas fireplace in the living room on 15 acres m/l with a half acre pond. This home is less than half a mile from the shores of Lake Ft. Gibson and Long Bay Marina. Granite countertops in the kitchen with an island and continuous hardwood floors throughout. There is also a reading nook and a versatile bonus room that could be a home office or studio. The master bath features a whirlpool tub, double sinks and a custom-tiled walk-in shower. The back patio overlooks the half acre pond and wildlife. This home has a 2-car garage, a detached 30x50 shop with an overhead door and walk-in door and LED florescent lighting, 24x40 implement shed, a 36x50 workshop with overhead doors, LED florescent lighting, a solid slab foundation, spray foam insulation, a full bath, the perfect mancave with a large workshop. This property is equipped with full RV hookups and 50-amp service. This property also features a half-acre pond that was previously stocked. There is an abundance of wildlife, turning your property into a nature lover's paradise. This home has had many updates in the past few years, list available. Half Mile from Long Bay Marina which features a boat ramp and marina, just a few miles from Canebrake and Sequoyah State Park which features horseback rides, golf course, and a lodge with restaurant. Canebrake is a destination resort that includes a restaurant, boutique hotel, spa and more. The manager has listed the unit size as 2766 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017