5405 Route 241
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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | In contract | - | |
| In contract | |||
| Apr 7, 2024 | Listed by Century 21 Turner Brokers | $139,000 | |
| Listed by Century 21 Turner Brokers | |||
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Here is a cute farmette just waiting for new owners. There are just over two acres. The property features a double wide manufactured home, a spacious barn, & large storage shed and a two car garage. The home has three bedroom & two full baths. The primary bedroom has a large closet and an attached bath. The other two bedrooms and full bath are located on the opposite side of the house from the primary. Both bedrooms are spacious. The living room, dining room and kitchen are open to each other but have some division that defines each space. The is a family/sunroom off the dining room and flows into the mudroom. There is a laundry room off the kitchen that offers plenty of space and storage. The home has new drywall, windows, and newer kitchen cabinets. The furnace is new & is serviced by the outdoor woodstove or by propane. There is a two car detached garage that a spacious storage/work room on the second floor. The barn has stalls that could be used for cows or horses. There is a heated tack/work room in the barn & a hay loft. The property also has a large shed for your farm and lawn equipment. There is a fenced pasture. The home has a covered front porch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017