39931 Garrett 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 22, 2024 | Sold | ||
| Sold | |||
| Apr 14, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by Texas Trust Real Estate | $599,000 | |
| Listed by Texas Trust Real Estate | |||
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Welcome to your dream country retreat! This exceptional barndominium offers SO MUCH! 4,000 sq ft barn with 2,000 sq ft living, 2,000 sq ft garage, plus apartment. Nestled on a 4-acre lot, this home boasts a tranquil atmosphere that's perfect for those seeking a peaceful escape from the hustle of city life. 2 bedrooms/2 baths located inside the downstairs living quarters and 1 bedroom/1 bathroom in the upstairs apartment. Spacious living and kitchen that is complemented by a Butler's Pantry. Entertain guests in the living areas or take the festivities outdoors to the large porch and enjoy the outdoor kitchen and the views of the surrounding countryside. This property has a versatile Barn/Shop with a 1-bedroom apartment upstairs and spacious garage. Full RV hookup available. Don't miss out on the opportunity to make this country home yours! Schedule a viewing and discover this peaceful haven.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017