59 Gate Ln
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 21, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Listed by Keller Williams Realty North Central | $169,900 | |
| Listed by Keller Williams Realty North Central | |||
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Escape to tranquility on this secluded 23-acre property nestled along a private country lane. Embrace the serenity and solitude offered by this wooded sanctuary, bordered by state forest, ensuring privacy and a connection to nature like no other. At the heart of this retreat is a spacious rustic cabin, off-grid and ready to envelop you in the simplicity of rural living. Warmed by a wood stove, the cabin offers comfort throughout the seasons. You can customize the cabin to suit your needs, enabling year-round residency if desired. Nature enthusiasts will delight in the fragrant pollinator garden that graces the property, attracting a diverse array of wildlife, from bees and butterflies to larger visitors like porcupines, moose, and even bears. The expansive land provides ample opportunities for gardening, hunting, and further development, making it a haven for both relaxation and exploration.
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| Sep 13, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $74,900 | |
| Listed | |||
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Dreaming of getting away from it all? Don't miss this rare opportunity to own 23 acres of land on a private country lane! You will find the peace and quiet you've been looking for on this wooded property bordering state forest. A large, rustic, off-grid cabin beckons you to enjoy the simple life. Heated with wood stove and fully insulated you can easily install propane electricity and come year round if you so desire. The land includes a fragrant, pollinator garden that attracts wildlife species as varied as bees and butterflies, to porcupine, moose and bear. Lots of privacy and potential for growing, gardening, hunting and building.The manager has listed the unit size as 979 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017