509 VZ County Road 2426
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 |
|---|---|---|---|
| Dec 10, 2021 | Sold | ||
| Sold | |||
| Aug 27, 2021 | No longer available | - | |
| No longer available | |||
| Aug 26, 2021 | Listed by Coldwell Banker Anderson Realt | $205,000 | |
| Listed by Coldwell Banker Anderson Realt | |||
| | |||
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This is a wide open type property, so many options! This was used as a commercial metal fab business in the past, still perfect for a family business. This is 2.84 acres with an old house that has been given no value but could be salvaged. There is a really nice pond and about 1.8 acres of pasture. Sitting on about 1 acre are 4 nice professionally built metal bldgs, there are a couple of smaller storage bldgs also. One of the bldgs was used for an office. It is finished out nice inside, 2 restrooms and a kitchen area, this could easily be transformed into a home. These bldgs could store hay, house dog kennels, be leased for storage, could be the perfect place to work and store your farm equipment, good roads!
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| Aug 12, 2021 | Price Decreased |
$245,000
↓ $20K
(7.6%) | |
| Price Decreased | |||
| Jul 23, 2021 | Price Decreased |
$265,000
↓ $30K
(10.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017