661 Clater Powell Road
About This Property
Nature lovers and outdoor enthusiasts will appreciate the scenic landscape, abundant shade, and room to roam. With no known restrictions, you have the flexibility to build a custom home, bring in a modular home, raise animals, or simply enjoy the privacy and freedom of country living.
Owner financing is available, making this an excellent opportunity to own acreage without the traditional financing process. If you've been searching for a property that combines natural beauty, usable land, flexible financing, and unlimited potential, this is one you won't want to miss.
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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 31, 2026 | Price Decreased |
$212,000
↓ $23K
(9.8%) | |
| Price Decreased | |||
| Jul 29, 2026 | Price Decreased |
$235,000
↓ $30K
(11.3%) | |
| Price Decreased | |||
| Jul 8, 2026 | Listed by EG Realty | $265,000 | |
| Listed by EG Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017