627 Pony Trail
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 |
|---|---|---|---|
| Dec 18, 2023 | Sold | ||
| Sold | |||
| Nov 27, 2023 | Listed by Prince Properties, LLC | $25,000 | |
| Listed by Prince Properties, LLC | |||
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Put down roots in the idyllic coastal prairie community, Bar X Ranch, with some of the most beautiful lots in the county. Your new homesite is 91' wide X 364' deep, features two enormous oaks, and backs to a little creek. Wildlife abounds--you can often see deer grazing, and birdwatching is amazing. There are deed restrictions regarding what you can build (no barndominiums or manufactured homes or short-term rentals), and you must build up your pad site to be out of Zone AE. There is a nice cleared area between the two big oaks for a homesite, and there's a little scrub left for more privacy. The oaks will need to be cleaned up to show their full beauty. The POA offers numerous amenities, including pools, tennis, pickleball, fishing lakes, playgrounds, and a club house. Vacant lots are assessed a $125/year mowing fee, in addition to the $400 in POA dues. No survey available. Check listing docs to see more details, including the Sec 11 Deed Restrictions.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017