608 Ogee Road
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 1, 2023 | Sold | ||
| Sold | |||
| Apr 10, 2023 | Listed by Coldwell Banker Real Estate Group | $722,500 | |
| Listed by Coldwell Banker Real Estate Group | |||
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Large rustic property with acreage and horse facilities. It is 18 acres MOL with a hayfield/pasture, 2 streams, a stocked pond, and about 6 acres of woods with a campsite and tower deer blind! Once you cross the bridge into the woods another whole world exists. You get wildlife, camping, hunting, pasture and fruit, all from the woods. A previous owner once said that the woods hold the "largest Paw Paw fruit tree grove in the area." Yum, imagine banana mango flavor, but don't forget, there are a couple of tasty apple trees back in the lawn also! The current owners also use the fenced in woods as summer pasture for cattle. If you're not into hunting, the old deer blind makes a great place to unwind and watch the wildlife. This property can serve as a great way to fill your freezer with healthy venison and grass fed beef. The clover and grass mix hayfield/pasture is an adjoining 6.5 acres. There are deer everywhere and it's not uncommon to see them and their fawns right up by the house. Move in and get the kids going in 4-H. The 10-stall horse barn with huge indoor riding arena includes a large tack/viewing room, a horse shower rack, and attached paddocks. One end of the huge barn has a nice, well-lit workshop, wood/electric heat and A/C. There is also a bridge across the big creek that is shared with the horse-friendly neighbors. The sprawling 3000+ square foot log cabin themed home sits back down the long driveway and has 4 bedrooms, 2.5 baths and spectacular views from all sides. The large bar area with built in overhead speakers leads onto the huge patio with a heated in-ground pool that has nice stone accents. Or, from the bar, take the custom, hand-made spiral staircase up to a very spacious office/loft area with even more amazing views. The pool patio even has a cutout and hookups for a hot tub. This place is built for entertaining and yet offers plenty of privacy. Many times, kids have been overheard saying..... "Mom, their house is like a restaurant." The master suite even has a sliding glass door leading out to the pool/hot tub/patio area. Rumor around town says that this place was visited by those crazy American Chopper TV guys from time to time. Out front there is a gated entrance that is pre wired to add automatic gate closers. Just 5 minutes to a small town feel with groceries, gas and a popular local bar. There are also many other shopping options within a small radius. One more thing, there are existing security cameras and many more unused video lines that all run to the house. Call today and schedule a viewing of this amazing property before it gets away.
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| Mar 3, 2017 | Sold | ||
| Sold | |||
| Dec 19, 2016 | Listed by RE/MAX Classic | $273,500 | |
| Listed by RE/MAX Classic | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017