481 VZ County Road 4310
About This Property
from the city or a quaint home in the country, this is the place for you! With over 4 acres,
spring fed pond, and newer home inside this steel frame 1500 sq ft metal
barndominium, you will think you're in a dream. There's about 700 sq ft of shop
garage & about 800 sq ft of living space. The professionally finished out 2 bedroom
1.5 bathroom home boasts open & versatile floorplan. The covered patios offer a
ton of shaded places to relax & enjoy your view. The water well is about 540' deep
& pump house replaced in 2021. Pond stocked w bass, bluegill, &
catfish. Extra covered deck is perfect for guests to pull up & stay a while.
With 2 RV hook ups: one by deck, another on NW corner of house w
septic clean out. This could easily be a family compound. Over the ridge on south
side of the property is a generous sized equipment barn. All of this in the
award winning & highly coveted Martin Mills ISD!
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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 |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | Listed by Paragon, REALTORS | $325,000 | |
| Listed by Paragon, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017