695 Derby Gore 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 |
|---|---|---|---|
| Jun 6, 2024 | Listed by Century 21 Farm & Forest | $999,900 | |
| Listed by Century 21 Farm & Forest | |||
| Jun 23, 2021 | Sold | ||
| Sold | |||
| Mar 20, 2021 | Listed by Century 21 Farm & Forest | $1,295,000 | |
| Listed by Century 21 Farm & Forest | |||
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If you are looking for a large parcel of land with long range views then this might be for you! The property has 481 acres consisting of 3 farms bought over the last 25 years to create this homestead. It offers 115 acres of hayfields, another 40-50 acres of open land, the rest is wooded. There are 2 large garages; one with 12x20' doors on each end, the other with 4 large bays plus work area with a bathroom. Drilled well and septic. Frontage along 3 different roads. This property features walking trails throughout the woods, several ponds, and plenty of room to play. Stunning sunset views toward Jay Peak. Property is in Current Use and being sold that way. Take some acreage out of Current Use to build your house, or several homes, where you want. There is a lease to crop the hayfields for this summer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017