3627 County Route 6
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%.
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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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Garlock Realty | $589,000 | |
| Listed by Garlock Realty | |||
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Welcome to your peaceful lake retreat nestled in the heart of the 1000 Islands. Surrounded by natural beauty and fertile soil, this property encourages sustainable living & hobby farming, while provided ample opportunities for recreation. Ideal for those seeking a tranquil lakefront life-style w/easy access to both serene natural beauty and vibrant riverside communities. This exquisite property boasts 400 ft. of pristine waterfront and is set on 56-acre estate. Mostly tillable land, the estate also includes a 2-acre wooded area with a private walking trail and a fenced orchard and garden with over 35 fruit trees. The 6BR/5BA home offers a custom kitchen w/Woodmode cabinetry, 3-season sunroom that comfortably seats over 20 guests and elegant hardwood floors. Additional highlights include a cozy library, a 2-stall garage and original woodwork with charming details that preserve the home’s classic character. Also includes a 36x80 barn ready for horses or hobby farming. This property is situated on the lake in the county, renowned for its excellent fishing and just 5 mi from the St. Lawrence River. Enjoy the easy access to Alex Bay and just over an hour away to Ottawa, Canada.
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| Jun 29, 2021 | Sold | ||
| Sold | |||
| Nov 4, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017