3426 SE 185TH AVENUE
About This Property
A recorded easement via a dirt road provides access to the property, creating a tucked-away rural setting. Whether you're considering a manufactured home or site-built residence, this property offers an opportunity to start with acreage, an established homesite, and existing utilities already in place. Well, septic, and electric improvements convey As-Is and are not warranted. Buyer to verify easement and access, zoning, permitting, condition and capacity of existing utilities, and suitability of the property for buyer's intended use. Recent survey available.
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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 |
|---|---|---|---|
| Sep 16, 2026 | Listed by BHGRE THOMAS GROUP | $124,500 | |
| Listed by BHGRE THOMAS GROUP | |||
| Jun 9, 1989 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017