51952 County Road T
About This Property
The well-maintained 3-bedroom, 1.75-bath home features a bright sunroom and comfortable living spaces designed for easy living. Significant recent upgrades-including a brand-new roof, a new water heater, and new decks-provide a true sense of security and ease for the new buyer.
Beyond the residence, the property offers exceptional utility with a 1,800 sq. ft. warehouse (including insulation ready to be put up) and a detached garage, ideal for a workshop, creative studio, or small business. The ample, covenant-free acreage provides limitless opportunities for grazing or further building while preserving the wide-open character of the natural landscape and tranquil mountain, sunset, and night sky views
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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 5, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Price Decreased |
$155,000
↓ $4K
(2.5%) | |
| Price Decreased | |||
| Jun 12, 2026 | Relisted | $159,000 | |
| Relisted | |||
| May 28, 2026 | In contract | - | |
| In contract | |||
| May 11, 2026 | Price Decreased |
$159,000
↓ $6K
(3.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017