3536 & TBD CR 1579
About This Property
Great investment opportunity to acquire a multi-parcel property featuring both residential and recreational and timber value. This offering includes:
A 2.477-acre tract with a 2,272 sq ft, 4-bedroom, 3-bath mobile home with additions, located on the south side of CR 1579.
A 59.538-acre timber and recreational tract situated on the north side of CR 1579, accessible via easement.
These tracts can be purchased together or separately to suit your needs. The home offers potential rental income or could serve as a hunting cabin, while the larger tract is ideal for timber production, hunting, or recreational use.
Whether you're looking for a rural rental property, a weekend retreat, or long-term investment potential, this versatile setup offers multiple possibilities.
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Cap Rate Calculator
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 2, 2025 | Sold | ||
| Sold | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| Jun 10, 2025 | Listed by Nolan Properties, LLC | $235,500 | |
| Listed by Nolan Properties, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017