6858 County Road 17
About This Property
The property features a mix of open ground and mature woods with gently rolling terrain and a small ravine area.
The property offers several potential uses including building a home, setting up a camper for seasonal use, or creating a recreational retreat. A driveway provides access onto the property, and a storage shed is already on site for tools, equipment, or outdoor gear. Electric and fiber optic internet are available at the road.
Located a short distance from the Town of Belfast, NY and approximately 10 minutes from Friendship, NY.
Bring your ideas and make this property your own.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017