3792 Old Fairground 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 |
|---|---|---|---|
| May 23, 2024 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by Lambert Realty | $1,200,000 | |
| Listed by Lambert Realty | |||
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MCGEE'S CROSSROADS area. This property consists of 6 adjoining parcels consisting of approx. 96 acres. Currently growing timber with an occupied rental house to be conveyed. Ideally suited for single family development. PIN #s 13D04037G 21.6 Ac; 13M99005H 4.68 Ac.; 13M99005G 12.04 Ac.; 13D04037B 14 Ac; 13D04037 23.97 Ac; 13D04037A 20 Ac
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017