70 Bear Elm Trail
About This Property
Situated in an established area of newer cabin development, the property offers convenient access from Bear Elm Trail while maintaining the wooded setting buyers and vacationers seek in Broken Bow. Whether you're ready to build now or secure land for a future project, this spacious lot offers an excellent opportunity to create something of your own near the recreation, dining, and attractions that make the Hochatown area such a sought-after destination.
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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 19, 2026 | Listed by Monica Maynard | $79,900 | |
| Listed by Monica Maynard | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017