363 HIGDON Road
About This Property
This 20 acres of land, is rectangular in shape and has three parcels, being sold together. Acreage: (1) 1.033, (2) 3.967, (3) 15.026. There are two double-wide mobile homes on the property, one is move in ready, the other will need major repairs or removal.
There is a well and two septic tanks. Dog kennels and horse stalls are in need of repair. The property is surrounded by pine trees and backs up to Jennings State Forest.
Parcel ID: 01-04-23-000001-002-01; 01-04-23-000001-002-17; 01-04-23-000001-002-20.
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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 |
|---|---|---|---|
| Jan 25, 2021 | Sold | ||
| Sold | |||
| Nov 6, 2020 | Listed by WATSON REALTY CORP | $310,000 | |
| Listed by WATSON REALTY CORP | |||
| Feb 16, 2019 | Listed by WATSON REALTY CORP | $310,000 | |
| Listed by WATSON REALTY CORP | |||
| | |||
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Just Reduced to $315.000.00. If you are looking for a place to farm, plant a garden, raise chickens, have a few cattle, train dogs, board horses, go hunting, or just relax, this is the place that can provide all that and much more. It has unlimited potential.
This 20 acres of land, is rectangular in shape and has three parcels, being sold together. Acreage: (1) 1.033, (2) 3.967, (3) 15.026. There are two double-wide mobile homes on the property, one needs to be remodeled and the other is 3 bedroom, 2 bath, ready to move in.
There is a well, two septic tanks, a large dog kennel and horse stalls. The property is surrounded by pine trees and backs up to Jennings State Forest. (''AS IS'' Sale)
Parcel ID: 01-04-23-000001-002-01; 01-04-23-000001-002-17; 01-04-23-000001-0 01-04-23-000001-0
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| Oct 1, 2010 | Sold | ||
| Sold | |||
| May 20, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017