347 County Road 5043
About This Property
Don't miss this incredible opportunity to own a generously sized, cleared lot with a few mature trees, offering just the right amount of shade and character. With no direct back neighbors, you'll enjoy added privacy and peaceful surroundings. Whether you're ready to build your dream home, create a vacation retreat, or place a mobile home, this versatile property offers endless possibilities.
Public water, gas, and electricity are available, making development a breeze. Mobile homes are permitted, giving you flexibility in how you use the land.
Sellers are motivated-bring all offers! This is your chance to own a piece of land with great potential. Act now before it's gone!
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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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Price Decreased |
$44,000
↓ $4K
(8.3%) | |
| Price Decreased | |||
| Apr 29, 2025 | Price Decreased |
$48,000
↓ $7K
(12.7%) | |
| Price Decreased | |||
| Apr 17, 2025 | Listed by AEA Realty, LLC | $55,000 | |
| Listed by AEA Realty, LLC | |||
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Last Updated: 4 months ago
Data Source: HAR , MLS# 67134408
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Phone: 425-283-2930
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