42275 Thunder Hill Rd
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 |
|---|---|---|---|
| Mar 21, 2023 | Sold | ||
| Sold | |||
| Feb 9, 2023 | Listed by Lifetime Properties | $745,000 | |
| Listed by Lifetime Properties | |||
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Highly sought after area between Parker and Elizabeth. Seller is downsizing and you will enjoy -Elbert County Taxes, NO HOA, and NO Metro district. Floorplan offers 5 large bedrooms and 3 baths, and accommodates multigenerational living easily. Outbuilding is perfect for the hobbyist or the car enthusiast. Convert it to a barn for horses and put an end to your boarding expenses. New roof with high impact shingles, new exterior paint along with several interior rooms painted too. Even the outbuilding got a new roof. Make your dreams of living on land come true today. Park your camper and trailer at your own house, no more storage bill. Settle in with a good book on the back deck or next to the fire in the family room. Home is move in ready and just needs you!
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| Sep 19, 2022 | Listed | $750,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017