7175 S Sherman Kennedy Road
About This Property
COUNTY-MAINTAINED ROADS AND MILES OF UNTOUCHED WOODLAND lead you to a rustic 3 BR/2 Bath cabin built with trees from the forest.. and milled on site!
There is gated entry, with a mixture of pasture, protected forest and 2 fully stocked ponds.
Much of the land is cross-fenced and currently setup for cattle and horses.
THERE'S A MASSIVE METAL BARN WITH NUMEROUS STALLS.. WORKSHOP.. TOOL ROOM.. and outdoor bathroom!
There's also a CHICKEN COOP.. OUTDOOR KITCHEN.. and OUTDOOR SEWING ROOM!
Inside the cabin, you'll find custom millwork.. wooden beams.. tongue and groove paneling.. and a stone fireplace!
The kitchen is fully equipped... (cont.) and all bedrooms/bathrooms are spacious.
Of course, the main draw of this property is nature.. and views from the backporch will not disappoint.
This parcel belonged to the Kennedy family for generations... and there are very few privatedly owned parcels in this area.
What are you waiting for? Make an offer today.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | Listed by ERA American Real Estate | $430,000 | |
| Listed by ERA American Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017