4524 Old Marlin Road
About This Property
The property features its own private well, helping keep utility costs low. The home is ready for updating and personal touches, providing an excellent opportunity for buyers to customize and add value. Whether you're seeking a starter home, investment property, or a place to enjoy country living without HOA limitations, this property offers versatility and potential. Bring your vision and make it your own-this is unrestricted living with room to grow.
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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 |
|---|---|---|---|
| Apr 16, 2026 | Sold | ||
| Sold | |||
| Apr 6, 2026 | In contract | - | |
| In contract | |||
| Feb 23, 2026 | Price Decreased |
$99,900
↓ $10K
(9.2%) | |
| Price Decreased | |||
| Jan 16, 2026 | Listed by Graceland Real Estate | $110,000 | |
| Listed by Graceland Real Estate | |||
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About McLennan
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Last Updated: 7 months ago
Data Source: NTREIS MLS, MLS# 21155960
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017