62 SE Hwy 1
About This Property
Recent updates include a new 10x18 stained deck with handrail off the upstairs kitchen, a large farmhouse kitchen sink with retractable faucet, three new commodes, a new instant hot water unit, and a remodeled downstairs bathroom featuring a new shower, faucet, and tile. The seller has also added a stone patio downstairs, replaced the stairway carpet with stained wood, installed gutter covers, connected the second pump for the water tank, and added new outdoor lighting at both cabin entrances.
The workshop has also been improved with a sink and counter, along with an added half bath with water connection still to be completed. Private, peaceful, and exceptionally well maintained, this unique off-grid property offers the cabin lifestyle with the added benefit of a spacious shop and improvements already in place. Come enjoy the quiet and make it your own!
*please note the Gourmia French door Digital Toaster Oven Air fryer will remain*
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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 10, 2026 | Listed by Keller Williams SEOK | $215,000 | |
| Listed by Keller Williams SEOK | |||
| Apr 1, 2022 | No longer available | - | |
| No longer available | |||
| Feb 24, 2022 | Relisted | $55,000 | |
| Relisted | |||
| Feb 21, 2022 | No longer available | - | |
| No longer available | |||
| Dec 17, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017