401 County Road 4371
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 26, 2021 | Sold | ||
| Sold | |||
| May 6, 2021 | Listed by Parker Properties | $64,900 | |
| Listed by Parker Properties | |||
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Enjoy the sunsets on this rare, unrestricted, not in a subdivision, one acre lot 7 miles South of Decatur! Peace and privacy are located off the paved county road at the end of a private road with some trees and plenty of yard space that backs up to a wet-weather creek. Water well is present, septic condition is unknown but grandfathered, and electric is very close by...perfect to build your dream home with no restrictions! Completion of survey is pending, but flags are in place on site. Structure on site is partially manufactured home...value is in land, location, and utilities present. Approx. .5 acre clear and .5 acre treed. Buyer and buyer's agent to verify all information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017