351 Carlin Road
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%.
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 15, 2026 | Listed by Keller Williams Realty DPR | $250,000 | |
| Listed by Keller Williams Realty DPR | |||
| Dec 5, 2024 | Price Increased |
$770,000
↑ $120K
(18.5%) | |
| Price Increased | |||
| Oct 15, 2024 | Listed by Keller Williams Legacy | $650,000 | |
| Listed by Keller Williams Legacy | |||
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An exceptional opportunity awaits at this prime estate lot within The Oaks at Walnut Creek Country Club. The site offers panoramic views of the creek and bluff, with ample space for constructing your ideal home. Nestled at the end of Carlin Road, across Walnut Creek from the club, the property features both expansive open areas and a canopy of mature trees, providing a serene and private environment in Mansfield. A private road, shared with neighboring homes, ensures exclusivity, while city utilities are readily available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017