63527 Cross 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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 16, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $595,000 | |
| Listed | |||
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Soak in the beautiful, panoramic views overlooking the Lockwood Valley. The 158+/- acres comes in two adjoining parcels leaving room for an additional home, hunting, hiking, or anything your heart desires. The home features an open concept with a generous kitchen area, and a master suite separated from the guest bedrooms for added privacy. The solar heater and air conditioner was installed in 2015. Outside you will find a wrap around covered porch, pool with bar/cabana and a stone patio. The detached garage also features a shop. A few additional outbuildings for keeping some animals round out the improvements. Additional parcels are available so bring your friends and family, call your agent for details! The manager has listed the unit size as 1956 square feet.
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| Apr 23, 2018 | Listed by RE/MAX Parkside Real Estate | $595,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017