4758 CATTAIL Street
About This Property
Natural light streams through large windows and provides picturesque views of the surrounding landscape. The living room offers a cozy haven for relaxation, while the adjacent dining area is perfect for sharing meals and creating cherished memories.The well-appointed kitchen is a cook's delight, featuring modern appliances, ample counter space, and storage for all your culinary needs. With an easy flow and a central island, this kitchen becomes the heart of the home, ideal for both cooking up a feast and entertaining guests.
The five bedrooms are designed with comfort in mind, each providing a private sanctuary to retreat to. The master bedroom boasts an en-suite bathroom, creating a private oasis for relaxation. The other bedrooms share two additional bathrooms, ensuring convenience and comfort for all residents and guests.
As you step outside, a world of natural beauty unfolds before you. The mobile home is strategically positioned alongside a meandering creek, offering a soothing backdrop of water and the gentle rustling of leaves. A meticulously constructed bulkhead adds both aesthetic appeal and functionality, creating a seamless transition between land and water. This outdoor space is perfect for enjoying al fresco dining, hosting gatherings, or simply unwinding as you watch the water flow by.
No water has ever reached or touched the bulkhead! Bulkhead was installed as a preventative measure to solidify the ground from shifting or eroding from under home. Homeowners have not experienced any flooding since they have moved to the 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 |
|---|---|---|---|
| Nov 3, 2023 | Sold | ||
| Sold | |||
| Jul 24, 2023 | Listed by SOLANO REAL ESTATE LLC | $244,890 | |
| Listed by SOLANO REAL ESTATE LLC | |||
| Jun 28, 2019 | Sold | ||
| Sold | |||
| Feb 6, 2019 | Listed by RE/MAX SPECIALISTS | $10,000 | |
| Listed by RE/MAX SPECIALISTS | |||
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Wow! What a nice piece of property in a rural but up and coming area. The street is paved and has nice homes with a couple of nice mobile homes in the area. We have a plat map but no survey. As with any vacant land feasibilty study is recommended.
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| Aug 30, 2018 | Listed by SOLANO REAL ESTATE LLC | $12,000 | |
| Listed by SOLANO REAL ESTATE LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017