4679 State Highway 16 S
About This Property
Plenty of fencing for animals and structures for coverage and storage. The container home is damaged inside due to a recent storm. The building is structure only and would have to be finished out. The water meter will need to be reinstalled.
Prospective owners will appreciate the area's thriving community, local culture, and an array of recreational activities. From hiking and biking trails to nearby lakes and parks, there is no shortage of opportunities for outdoor enthusiasts to explore and enjoy.
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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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Dec 10, 2023 | Listed by Weatherbee Real Estate | $250,000 | |
| Listed by Weatherbee Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017