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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 23, 2026 | Sold | ||
| Sold | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 26, 2020 | In contract | - | |
| In contract | |||
| Jun 30, 2020 | Listed | $206,500 | |
| Listed | |||
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This is an excellent private and secluded property in beautiful Iron County. It has Highway F frontage but sits peacefully in the valley. There is about 15 acres of pasture and 88 acres of timber. There is marketable timber on the property and lots of deer and turkey that frequently visit the pasture. Two very nice ponds for cattle, horses, and wildlife along with an excellent view from the hilltop of the Ozark hills. The seller has started building your new dream home which just needs some finish work. It is about 1600 sq ft with footings, walls, and roof in place. Electric and well are also in place. This would make a perfect private full time residence or a weekend getaway/hunting camp.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017