525 Private Road 914
About This Property
The property also has a Large Metal Shop with plenty of lighting and 120v power for tools, a 20' Paint-Matched Shipping Container, a Storage Shed, and a big Backyard for the pets!
With plenty of beautiful land between all the amenities, you'll still being able to look at green grasses and flowers between the home and the shop. There is also room to add another living space to the property like other neighbors have, should you want to bring your family or turn this into an investment property.
Whether it's having a picnic in your private little nook of the woods along the back of the property, playing with the pets in the yard, or catching the sunset from the porch, this homestead is sure to capture your heart and bring you back to nature!
Properties like this are becoming increasingly rare in the area, as everything is booming alongside the Insterstate 35 Corridor both North & South of this location! Schedule your showing today, and come see for yourself!
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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 |
|---|---|---|---|
| Mar 20, 2024 | In contract | - | |
| In contract | |||
| Mar 3, 2024 | Listed by eXp Realty, LLC | $497,700 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017