7025 - A State Rte 64
About This Property
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| Jul 5, 2024 | Listed by Willow Real Estate, Inc | $315,000 | |
| Listed by Willow Real Estate, Inc | |||
| Jul 3, 2024 | No longer available | - | |
| No longer available | |||
| Jan 22, 2024 | Listed by Hoffman Realty | $790,000 | |
| Listed by Hoffman Realty | |||
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10 acres MOL with Morton Buildings and pond. Zoned A-1 (Agriculture). The south end of the 60' x 180' building has a 40' x 60' shop with radiant in-floor heat, in-floor car/equipment lift rated at 12,000 lbs and a bathroom. The center of the building has concrete floors and electric with multiple overhead doors. The north portion of the building is currently set up with 7 horse stalls and has a tack room and an office. The property features several pastures with quality wood fencing, back-up generator, and small pond. The 35' x 55' Morton Building was originally constructed as an office/pool house and is currently being utilized as living space. This building has in floor radiant heat, ceramic tile throughout, 2 full bathrooms, and the main bedroom/office has a large 8' x 14' walk in closet lined in cedar. The main room has a kitchen and cabinetry along one side, wood burning stove, and insulated overhead door. A 18' x 36' in ground pool with hot tub is housed in a heated 4 seasons structure with roof panels that can be opened up during warm weather. This property would be ideal for someone who wanted to live and run an agribusiness from the same property. Approximately 10 acres to be separated from a 40 acre parcel.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017