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456 Hickory Bend Road
About This Property
The 1975 brick home, full of character, features 2,397 square feet of living space. Inside, you'll find high ceilings, custom wooden built-ins in the living room, three spacious bedrooms, and 2.5 bathrooms. A convenient half-bath leads to the outdoor patio and in-ground pool. The separate office is ideal for an in-home business or creative space.
The property has numerous outbuildings, including a 46x30 metal shop built in 2006, fully insulated and plumbed for living quarters; a two-bay dirt floor garage/barn; a carport on a concrete slab; and an old playhouse/she shed. A 500-gallon propane tank adds to the property's convenience. The home is connected to community water but also has a well.
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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 |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 10, 2025 | Price Decreased |
$415,000
↓ $20K
(4.6%) | |
| Price Decreased | |||
| Jun 4, 2025 | Relisted | $435,000 | |
| Relisted | |||
| Apr 23, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017