3430 RT 89
About This Property
repositioning potential. 3,160 ± sq. ft. of gross living area with 8 total rooms, including 4 bedrooms and 1
bathroom, providing a large footprint for renovation or reconfiguration. Situated on a 1.26-acre lot in a rural South Butler location, offering privacy, land utility, and long-term upside not commonly available at this price point. Includes an unfinished basement and detached one-car garage, adding flexibility for storage or future improvements.
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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 |
|---|---|---|---|
| May 19, 2026 | Price Decreased |
$40,400
↓ $3K
(5.8%) | |
| Price Decreased | |||
| May 2, 2026 | Price Decreased |
$42,900
↓ $12K
(22.4%) | |
| Price Decreased | |||
| Apr 17, 2026 | Price Decreased |
$55,300
↓ $18K
(24.5%) | |
| Price Decreased | |||
| Mar 31, 2026 | Listed by REALHome Services & Solutions | $73,200 | |
| Listed by REALHome Services & Solutions | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017