4808 HWY 87 Highway N
About This Property
The home was built by Jim Walter Homes but never completely finished. The exterior is vinyl siding with wood trim. This home
needs a little TLC to bring it back to life. The acreage is surrounded by a private landowner and Type2 hunting for a very private feel,
yet close to town.
Purchase this home and raise your family as a famous Newton Eagle.
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Cap Rate Calculator
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 14, 2019 | Sold | ||
| Sold | |||
| Dec 13, 2018 | Listed by Re/Max Ranch and Residential | $75,000 | |
| Listed by Re/Max Ranch and Residential | |||
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Last Updated: 3 years ago
Data Source: HAR , MLS# 32443581
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017