53960 Covelo 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 |
|---|---|---|---|
| Aug 1, 2017 | Sold | ||
| Sold | |||
| May 11, 2017 | Listed by Coldwell Banker Res. Brokerage | $475,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
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Stunning Ranch Retreat! Offering 42 acres, (2) spring feed ponds, a running creek, open meadows and pastures, plus a green house . All this plus newer built home offering 2272 sq ft of permitted living space, vaulted ceilings , dual pane windows,and fire sprinklers with solar. 1697 sq ft of outside decking to take in the views, large water storage tanks. Home has certificate of occupancy but approx 80% complete. Pull through garage! Enjoy this beauty in complete privacy , only 15 mins to Covelo! Neighborhoods: Dos Rios Architectural Style: Custom Built View: Custom Built Equipment: Fire Sprinklers Other Fees: 0 Sewer: Septic Installed Topography: LL,,RSLP
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017