531 Cr-20
About This Property
a pellet stove in the dining room.
This listing contains 2 tax parcels. There is a 2 acre lot with the house. Then there is 13.5 acres that have a Lifetime Agricultural Use to another individual. However, the said individual sold his farm machinery 3 years ago and has not taken the hay off it in 3 years.
Call to set up your showing!
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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 |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jul 8, 2024 | In contract | - | |
| In contract | |||
| Jun 23, 2024 | Listed by Cross Keys Real Estate LLC | $184,900 | |
| Listed by Cross Keys Real Estate LLC | |||
| | |||
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Tastefully renovated 4 bdrm house with 2 lots consisting of 15.5 acres with amazing views. You can have your own little slice of paradise in the country and still be within just a few miles to schools and amenities. New siding, new metal roof, and freshly painted interior means you can move right in because the maintenance is completed. Home is heated with a wood pellet forced air furnace along with
a pellet stove in the dining room.
This listing contains 2 tax parcels. There is a 2 acre lot with the house. Then there is 13.5 acres that have a Lifetime Agricultural Use to another individual. However, the said individual sold his farm machinery 3 years ago and has not taken the hay off it in 3 years.
Call to set up your showing!
| |||
| Sep 21, 2011 | Sold | ||
| Sold | |||
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