513 Fork Mountain Road
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 |
|---|---|---|---|
| Oct 15, 2020 | Sold | ||
| Sold | |||
| Jul 29, 2020 | Listed by Country House Realty Inc | $220,000 | |
| Listed by Country House Realty Inc | |||
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This recreational cabin takes the tiny house philosophy and runs with it. The large windows offer views throughout. The buildings sit in harmony with their surroundings. The three buildings, currently set up for three season living, are comprised of a main house with a sleeping loft, a guest house with bathroom and kitchen, and a large storage shed. The main house has 14' ceilings with windows and glass doors facing the pond. The guest house has a cozy spot for a Murphy bed. The kitchen has Ikea cabinets. The bathroom has a vintage 6' bathtub under a large skylight, waiting to be plumbed. The huge deck is a perfect place to take in the natural splendor. A leafy trail leads down to a beaver pond. Thousands of acres of State Game Lands are just down the road, where you can hike, bike, or kayak. With amazing potential, this home is prime for its next energetic owner. The power line is buried, the well is in place. The composting toilet is eco friendly but septic could be added.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017