609 Conklin
About This Property
location of this charming 2 bedroom single story home complete with built-in hutch, natural gas
heating, new wood laminate plank flooring throughout, free-standing fireplace heater, ceiling fans for
cooling, new style Trex style wrap-around decking and a new roof all on a heavily treed, 10,125 sq. ft.
level lot in a very desirable location just a short distance to the lake, the Village and Snow Summit Ski
area. Design furnishings and decor negotiable.
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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 |
|---|---|---|---|
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by KELLER WILLIAMS BIG BEAR | $429,900 | |
| Listed by KELLER WILLIAMS BIG BEAR | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017