453 Johnny Cut Road
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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Nov 12, 2024 | In contract | - | |
| In contract | |||
| Mar 2, 2024 | No longer available | - | |
| No longer available | |||
| Mar 1, 2024 | Listed by SouthSide, REALTORS® | $665,000 | |
| Listed by SouthSide, REALTORS® | |||
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Discover the epitome of country living in this enchanting 4-bedroom, 2-bathroom home set on sprawling 24+ acres . A harmonious blend of tranquility and potential, this residence welcomes you with spacious bedrooms flooded with natural light and panoramic views of the picturesque surroundings. The heart of the home boasts an open-concept living space, seamlessly connecting the living, dining, and kitchen areas. Venture downstairs to find an expansive unfinished basement, offering limitless possibilities for customization and expansion. Outside, the property unfolds into a haven of natural beauty, featuring garden area, several outbuildings, a creek that runs through the back of the property, and a shop that has electric and plumbing. The vast expanse of 24+ acres awaits your personal touch. Tucked away for privacy yet conveniently located near Locust Grove, this home ensures a serene escape with easy access to amenities. Embrace the rural lifestyle and envision your dream home on this captivating property. Schedule a showing to experience the endless potential of this beautiful residence. The manager has listed the unit size as 2983 square feet.
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| Feb 2, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017