7 Corral Drive #LOT4
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 |
|---|---|---|---|
| Nov 24, 2021 | Sold | ||
| Sold | |||
| Oct 20, 2021 | Listed by EXP Realty | $125,000 | |
| Listed by EXP Realty | |||
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Here is your opportunity to own a beautiful, 4.9 acre, mostly level building lot in the country. The 4-bedroom leach field is already in place ready for connection. The property has some beautiful woods around the side and rear perimeter, and it has lovely, pastoral views. There's even a small, seasonal stream. You can bring your horses if you like - the neighborhood is "equine friendly." It faces south, so it gets lots of sun. Bonus: adjacent to this lot, there are 69 acres of common land made up of woods and a large field and two brooks. The common land is co-owned by the 8 lot owners to use for gardens, pasture, recreation, hiking, etc. Accessory dwellings are allowed - as are barns. A public boat launch onto Lake Champlain is close by, and Burlington is only 35 minutes. If you're thinking of building your dream home, come take a look. You'll love everything this great lot has to offer.
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| Apr 16, 2021 | Sold | ||
| Sold | |||
| Jul 28, 2020 | Listed by KW Vermont | $110,000 | |
| Listed by KW Vermont | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017