586 County Route 45
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 |
|---|---|---|---|
| Sep 3, 2024 | Sold | ||
| Sold | |||
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by Salmon River Realty | $34,900 | |
| Listed by Salmon River Realty | |||
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Welcome to this charming corner lot! With double road frontage, ample lawn area and a small private pond, this property has tons of potential! The manufactured home has an interesting retro vibe and could be an amazing little getaway with some love and elbow grease! Once used as a hobby farm, there is plenty of room to bring your pets and animals. Turn this property into your cozy, country haven!
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| Oct 11, 2019 | Sold | ||
| Sold | |||
| Nov 4, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017