58 Blue Gill Road
About This Property
The acreage is exceptionally equipped with a massive 40x60 pole barn and a secondary 24x36 pole barn, perfect for heavy equipment, workshops, or ultimate storage. Ready for immediate use, the land features hookups for 4 campers, serviced by city water and a well-maintained, fully functional septic tank. Enjoy dual road access via both Blue Gill Rd AND Shell Cracker Rd, making navigation and future development a breeze.
Situated in a rapidly growing area, you are just minutes from local amenities, yet tucked away enough to enjoy peaceful, rural privacy. Bonus: The existing mobile home is available for purchase at an additional cost, or the sellers will remove it before closing. Properties with this level of infrastructure and immediate income do not last. Schedule your tour today and grab your piece of fast-growing real estate!
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Cap Rate Calculator
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 22, 2026 | Price Decreased |
$500,000
↓ $50K
(9.1%) | |
| Price Decreased | |||
| Jul 29, 2026 | Price Increased |
$550,000
↑ $35K
(6.8%) | |
| Price Increased | |||
| Jun 10, 2026 | Listed by Beachy Beach Real Estate | $515,000 | |
| Listed by Beachy Beach Real Estate | |||
| Nov 22, 2016 | Sold | ||
| Sold | |||
| Sep 20, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017