478 Hornik 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 |
|---|---|---|---|
| Sep 20, 2021 | Sold | ||
| Sold | |||
| Aug 2, 2021 | Listed by Hi View Real Estate | $350,000 | |
| Listed by Hi View Real Estate | |||
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Top of the line authentic barndo home with fabulous upgrades on 2.79AC with enough road frontage for another home. Huge rooms, giant closets, massive kitchen creating an open living lifestyle that flows out to multiple porches, parking, shops, barns and over an acre of pasture for your horses or livestock. The inside is nicely appointed with custom cabinets. Off the kitchen is a very large laundry room and pantry with space for a freezer and a 17 x 15 covered patio. The front porch is a massive 15 x 30. The bedrooms all host walk in closets and the master closet (16 x 8) is simply massive. The foam insulation and high efficiency HVAC system offer affordable monthly utility bills others dream of.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017