399 County Road 3940
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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 24, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | Listed by Keller Williams Realty | $1,800,000 | |
| Listed by Keller Williams Realty | |||
| Apr 13, 2022 | Sold | ||
| Sold | |||
| Feb 7, 2022 | Listed by Origin Real Estate | $1,599,000 | |
| Listed by Origin Real Estate | |||
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Rare Find!! 85 beautiful acres! Perfect setup 3 br,3 ba, 2 offices. Large open concept living with lots of storage. Awesome views from the back porch. Property is ready for horses it has an 80 x 200 ft covered arena, with 80 ft of mirrors. 70 ft round pen, 8 stall older barn with tack room. Property is currently being used for cattle and horses with great hay production. Also features a 50 x 100 ft metal shop that includes a 30 x100 ft carport with gravel. Lots of wild life!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017