4609 Slayton Road
About This Property
Outside is where this property truly stands out. The large metal shop features a one-room apartment with a bathroom, plus an overhead bridge crane beam designed to assist with lifting and moving heavy equipment, engines, machinery, and materials an incredible setup for automotive work, fabrication, equipment maintenance, or serious projects. A small barn and plenty of open acreage provide additional space for animals, equipment, hobbies, or simply enjoying extra privacy.
With nearly 3 acres and exceptional flexibility for living, working, and storing equipment, this property offers features that are hard to find. Come see everything 4609 Slayton Rd has to offer!
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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 |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$499,999
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Jul 24, 2026 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
| Apr 17, 2026 | Listed by RaiderX | $550,000 | |
| Listed by RaiderX | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017