5483 US Highway 380
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 |
|---|---|---|---|
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Sep 28, 2020 | Listed by RE/MAX PREFERRED PROPERTIES | $365,000 | |
| Listed by RE/MAX PREFERRED PROPERTIES | |||
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Location is key! Surrounded by beautiful mature trees, 2 bedroom 1 bath brick home built in 2000 with a 1 car garage and a 1200 SF shop building on 11.5 acres. Spacious living area with brick fireplace and lots of built ins and plentiful storage throughout. Island kitchen with gas range, new microwave and large walkin pantry. Interior & exterior is freshly painted, plus the roof and HVAC were just replaced within the last month. Over 1400' of Hwy 380 frontage provides opportunity for multipurpose use. There is an additional well and septic on the west end that is currently not being utilized plus a storm cellar. Take a look today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017