3957 Highway 2
About This Property
The property features a mobile home currently on site along with one pole barn and an additional small barn, providing great space for storage, equipment, or workshop use. With a generous lot size and unique layout, there's plenty of room to expand, improve, or reimagine the space to fit your vision.
Whether you're looking for a fix-and-hold investment, rental property, or land with high-traffic exposure, this one checks the boxes. No HOA and plenty of 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 |
|---|---|---|---|
| Nov 11, 2026 | Price Decreased |
$70,000
↓ $5K
(6.7%) | |
| Price Decreased | |||
| Nov 5, 2026 | Relisted | $75,000 | |
| Relisted | |||
| Nov 4, 2026 | No longer available | - | |
| No longer available | |||
| Oct 14, 2026 | Price Decreased |
$79,000
↓ $10K
(11.2%) | |
| Price Decreased | |||
| Mar 17, 2026 | Listed by Corcoran Reverie | $89,000 | |
| Listed by Corcoran Reverie | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017