4803 Basswood Road
About This Property
With multiple doors and connecting rooms, there are loads of options to configure however you like.
Plenty of room for parking, and a attached carport provides shade at the rear of the home. Some landscaping cleanup could provide open views of the farmland.
This property requires repairs and is sold as/is. It has an updated 200 amp electrical main panel (exterior), a newer well pump, and a 2019 Roof. There is no permanent HVAC system (window units and space heaters were used). All fireplaces have been covered and condition is unknown.
Some windows are original or older and require repairs or replacement. There are some soft spots in the floors. The bathrooms and kitchen require repairs to be useful.
Along the road is an original limestone rock wall that ran the length of Basswood Rd, it is overgrown and needs cleaning & restoration.
20 Minutes to Marianna, FL and 10 Minutes to the Town of Malone.
Info and dimensions are approximate, buyer to verify.
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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 19, 2026 | Relisted | $65,000 | |
| Relisted | |||
| Sep 14, 2026 | In contract | - | |
| In contract | |||
| Aug 21, 2026 | Listed by Keller Williams Success Realty | $65,000 | |
| Listed by Keller Williams Success Realty | |||
| Apr 18, 2022 | No longer available | - | |
| No longer available | |||
| Dec 30, 2021 | Listed by Keller Williams Success Realty | $159,900 | |
| Listed by Keller Williams Success Realty | |||
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Historic Home on large lot! Here is your chance to own a unique piece of history, and with some TLC have a one of a kind home! Limestone accents, large spacious rooms, original woodwork and solid doors throughout, hardwood floors, and rustic charm.This home needs some TLC to become great again, newer roof already installed! Electrical panels have been updated. Well pump recently replaced. Home does not have an HVAC system. Fireplaces have been covered but were previously functional.Front yard features an (overgrown) limestone rock wall that could be restored. Video Walk-Through Available.Info and dimensions are approximate, buyer to verify. The manager has listed the unit size as 2006 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017