7012 State Highway 56
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 29, 2022 | Sold | ||
| Sold | |||
| Aug 26, 2022 | Listed by C-21 DEAN GILBERT, REALTORS | $410,000 | |
| Listed by C-21 DEAN GILBERT, REALTORS | |||
| Aug 9, 2022 | No longer available | - | |
| No longer available | |||
| Jun 9, 2022 | Price Decreased |
$650,000
↓ $145K
(18.2%) | |
| Price Decreased | |||
| May 13, 2022 | Listed by C-21 DEAN GILBERT, REALTORS | $795,000 | |
| Listed by C-21 DEAN GILBERT, REALTORS | |||
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.JUST LOWERED TO $650,000. NO FURTHER LOWERING. Home rest on gorgeous grounds nestled among beautiful mature native trees. THIS HOUSE GUTTED INSIDE BY PREVIOUS TENANT. CALL AGENT FOR DETAILS. It is ready to remodel and make it your own. INVESTORS TAKE NOTE, REHAB WITH INCREDIBLE UPSIDE $ VALUE. With your remodel it could be a great Money Maker! Large living room with fireplace and lots of windows to enjoy nature. Large dining room with 2nd fireplace and walls of glass to view deer and wildlife. Kitchen has aa breakfast bar for family meals. ENJOY THE SCREENED IN PORCH AND LET NATURE AMUSE YOU. SEVERAL OUTBUILDINGS AND BARNS! MANY MATURE TREES. PROERTY IS DEVIDED BY HWY 56. The home is on aprox 11 acres on south side of Hwy 56 and about 68 acres is across Hwy 56 on north side. Over the past 30 years the land missed only 1 hay cutting. Farmer gets 2 to 3 cuttings a year, 250 round bales. First 15 PICTURES ARE BEFORE DESTRUCTION. THE 68 ACRES IS FLOODWAY EXCEPT SW CORNER. The manager has listed the unit size as 1753 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017