719 Hite Drive
About This Property
The manager has listed the unit size as 2336 square feet.
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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 8, 2023 | No longer available | - | |
| No longer available | |||
| Sep 26, 2023 | No longer available | - | |
| No longer available | |||
| Sep 14, 2023 | Price Decreased |
$475,000
↓ $155K
(24.6%) | |
| Price Decreased | |||
| Sep 14, 2023 | Listed | $630,000 | |
| Listed | |||
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Serenity Farm Retreat awaits with its beautiful restored farmhouse, with over 25 acres of green pastures, grazing horses, a 2-acre pond, and nearby vineyards. The home boasts original pine flooring, new windows, shiplap, granite, barn doors, and many other stunning touches. The exterior features a refreshing inground swimming pool with an automated cleaning system, your own water tower, beautiful flower gardens, several small structures, and several hardscaped areas perfect for entertaining. There is a large entertainment barn with a brand-new custom front porch, perfect for a second home on the property. The home would be great for use as a vacation rental because of its close proximity to Kerr Lake and several wineries. Just 5 miles to Buffalo Park and Campground with a swimming area and a place to launch your boat. A short walk across the street you can enjoy live music, food, and award-winning wine at the Woodbine Winery. Only one hour from the Raleigh Durham area. Come live and play on our 50,000-acre lake with amazing fishing and boating opportunities. Empower broadband lines are currently being installed on Hite Drive. The manager has listed the unit size as 2336 square feet.
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| Aug 29, 2023 | Listed | $495,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017