4842 CO RD 218
About This Property
Beautiful all brick home sitting on 2 cleared acres! This home has a garage and a large work shed with another carport attached. The property has two separate entrances to the property. The home has an open floor plan with vaulted ceilings and large bedrooms. There is space for a breakfast table in the spacious kitchen and it also features a separate dining. There is also a FL room on the back of the house with 16 windows over looking the property, this room is in addition to the suare footage, but has a wall unit that takes care of the room. There is no HOA, no CDD & the owners are the original builders. Owner is a brand new septic installed.
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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 15, 2021 | Sold | ||
| Sold | |||
| Feb 3, 2021 | Listed by HERRON REAL ESTATE LLC | $299,999 | |
| Listed by HERRON REAL ESTATE LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017