5361 Schulenberg Lane
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 23, 2023 | Sold | ||
| Sold | |||
| Sep 8, 2023 | Listed by Realty One Group Optima | $290,000 | |
| Listed by Realty One Group Optima | |||
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Welcome Home! This charming 2-bedroom, 1.5-bathroom Barndonminium style home is nestled on a spacious 1-acre lot within walking distance to Lake Somerville. Perfect for nature enthusiasts, this property offers plenty of room for livestock and horses. Enjoy the tranquility and full rear privacy, as there are no visible neighbors behind or to one side of the property. The rear of the property is fully wooded, adding to the overall tranquility and natural beauty of the surroundings. Whether you enjoy hiking, bird-watching, or simply appreciating the serenity of nature, this property offers the perfect setting to unwind and enjoy the great outdoors. Property also contains a 20ft shipping container for storage. Built in 2017, this home boasts some energy-saving appliances, ensuring efficiency and cost savings. Don't miss the opportunity to make this delightful retreat your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017