5107 Raleys Mill Road
About This Property
The home features new LVP flooring in the kitchen, a furnace for heat, window A/C units, and all appliances will convey. The roof is approximately 8 years old. The property is served by a private septic system, which the seller reports has had no known issues.
Outside, you'll find plenty of usable acreage along with a shipping container that will convey, providing additional storage.
Being sold AS-IS, this property is a great opportunity for a buyer looking for an affordable home with acreage and the ability to add their own touches over time. Whether you're looking for a primary residence, investment opportunity, or simply more space in a quiet country setting, 5107 Raleys Mill Road offers plenty of possibilities.
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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 |
|---|---|---|---|
| Oct 11, 2026 | In contract | - | |
| In contract | |||
| Sep 26, 2026 | Listed by Southern Properties Realty | $99,900 | |
| Listed by Southern Properties Realty | |||
| Dec 30, 2023 | No longer available | - | |
| No longer available | |||
| Nov 21, 2023 | In contract | - | |
| In contract | |||
| Oct 27, 2023 | Price Decreased |
$75,000
↓ $10K
(11.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017