40550 Bermont Road
About This Property
At the heart of the lot is a spacious 1,800 square foot pole barn, equipped with two 13-foot overhead doors on each end for easy drive-in access. Additional features include two 10-foot doors and a convenient entry door facing the street, making this space versatile for a variety of uses. The barn is outfitted with overhead lighting and a robust 150 amp underground electric service, complete with RV and generator hookups, ensuring all your power needs are met.
Water is abundant with a newer 4" well that reaches a depth of 100 feet, providing a reliable supply for your future gardens or livestock. Speaking of livestock, this property is zoned for horses and farm animals, making it a fantastic opportunity for equestrian enthusiasts or anyone looking to start their own small farm.
Embrace the tranquility of rural living while still being close to the conveniences of modern life. Whether you envision building your dream home, creating a weekend retreat, or setting up a thriving farm, this property offers the space and features to bring your vision to life.
All contents in pole barn to remain.
Don't miss out on this exceptional opportunity-schedule your private showing today!
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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 |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Relisted | $225,000 | |
| Relisted | |||
| Dec 3, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by EXIT Realty of Naples | $225,000 | |
| Listed by EXIT Realty of Naples | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017