21
Map
4162 Fey Road
About This Property
Large Insulated Barn, Block walls with steel sides and steel roof. Also included is Bungalow located on a quiet road with lots of stream frontage on 5.30 acres. Bungalow needs some renovating, which would serve as a great living quarters or camp and the insulated barn, which is 40' wide x 68' long would be great to store your toys for snowmobiling or ATV's. Once an active manufacturing facility but has been closed for a number of years. It does not come with any equipment, but sellers would consider offers on equipment separately. Large Barn features 200 amp electric. The stream is stocked with Brook Trout and Atlantic Salmon. Perfect area for fly fishing or any kind of stream fishing. The possibilities of what you can do with this are endless. Possible camping sites for RV's or just your own private domain.
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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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | Relisted | $169,900 | |
| Relisted | |||
| Feb 1, 2024 | No longer available | - | |
| No longer available | |||
| Feb 13, 2023 | Listed by Gateway Properties of Upstate NY Inc | $169,900 | |
| Listed by Gateway Properties of Upstate NY Inc | |||
Property Highlights
4162 Fey Road
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Comparables
Status
Price/ft²
Listed On
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Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Lewis
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Data Source: NYSAMLSs, MLS# S1455282
