4 Rae 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 |
|---|---|---|---|
| Sep 11, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | Listed by Brandon J. Field Real Estate | $79,000 | |
| Listed by Brandon J. Field Real Estate | |||
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Fantastic opportunity for someone looking to build their new home or getaway in a quiet country setting. With 6.38 acres, you'll have plenty of space to design your home exactly as you envision it. The large lot size ensures ample privacy and distance from neighboring properties. The quiet country setting offers a peaceful and tranquil environment, providing an escape from the hustle and bustle of everyday life. It's an excellent opportunity to create a serene retreat for relaxation and rejuvenation and plenty of space for outdoor amenities and recreational activities. Camper, 40 ft Connex and 5000 watt military generator included!
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| Aug 30, 2016 | Sold | ||
| Sold | |||
| Aug 3, 2015 | Listed by Brandon J. Field Real Estate | $38,000 | |
| Listed by Brandon J. Field Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017