3911 Cement Valley Road
About This Property
Discover this expansive 9.8-acre property just beyond city limits, brimming with opportunity. Featuring an older double-wide mobile home in need of some care, it's ideal for renovation or temporary use, but absolutely liveable!
Key Highlights:
Ample Space: 9.8 acres offer endless possibilities, from crafting your dream home to creating a farmstead or subdividing for new homes.
Tranquil Pond: Though currently dry due to weather, a charming pond adds to the property's allure.
Outbuildings: Several structures are ready for your vision.
Unrestricted: No limitations; your dreams, your rules.
Imagine your dream home, a thriving farm, or a new community – it's all within reach. Don't miss out; contact us today to explore this property's potential!
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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 |
|---|---|---|---|
| Jan 26, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2023 | Listed by Fathom Realty LLC | $475,000 | |
| Listed by Fathom Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017