424 FERLET Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Mar 31, 2023 | No longer available | - | |
| No longer available | |||
| Mar 7, 2023 | Listed by KB Your Real Estate Experience | $350,000 | |
| Listed by KB Your Real Estate Experience | |||
| | |||
|
Water Rights! Irrigation rights and city water already on property. Beautiful property. Privacy. Only one neighboring house bordering property and next nearest property is over 1,000 ft away. Property has Electric service and water meter installed. Water lines run from meter to middle of property. Picture shows arial view with electric and water lines. Two septeic tanks are currently on property from previous mobile home. 50amp RV electric hookup installed at septic tank on south side of property. 1 insulated and drywalled workshop and 1 enclosed metal workshop/barn. A third cinderblock building that needs a replacement roof. Could easily be additional storage building. Property also comes with fiberglass fencing materials to make a 5 foot fence around property. 800 square foot structural insulated panel house materials also included with property. See picture of plans. You decide where you want it built on the property.
| |||
| May 15, 2022 | No longer available | - | |
| No longer available | |||
| Nov 13, 2021 | Listed by Home Pros Real Estate Group | $350,000 | |
| Listed by Home Pros Real Estate Group | |||
| | |||
|
Beautiful land to build your dream home. Irrigation rights, well, septic tank and horses allowed.
| |||
| Jul 15, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017