732 Hardin Lane
About This Property
The property has gone extensive renovations to make it a top performer at this price point with a PRICE TO GROSS INCOME ratio of 7.3!!!
STR Permit in hand and attached to MLS docs.
The property is a one level rancher with 2BR & 2BA and lots of usable outdoor space for investors who do not want a cabin in a compact subdivision where guests complain about feeling cramped or they could hear their neighbors having a normal volume conversation.
All the modern luxuries like high speed internet and wifi, smart TVs with plenty of streaming services to choose from, an arcade game with 1900+ games to entertain the kids & big kids alike and an EV charger.
Very few STRs are truly TURNKEY, but this one can be taken over as as close to TURNKEY as possible...
This cabin is SELF-MANAGED, so the owner has the option to ''transfer'' future rental reservations with an acceptable offer and agreed upon in writing by both Buyer and Seller.
Seller can give the Buyer their CLEANERS, any HANDYMEN & CONTRACTORS and any other vendors they use to self-manage from afar.
PHOTOS can potentially be RELICENSED from their photographer, at a greatly reduced rate by the way, if a new owner wants re-use the current listing photos by contacting the photographer directly.
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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 |
|---|---|---|---|
| Sep 5, 2026 | Listed by eXp Realty, LLC 7720 | $450,000 | |
| Listed by eXp Realty, LLC 7720 | |||
| Nov 13, 2022 | No longer available | - | |
| No longer available | |||
| Oct 22, 2022 | Listed by United Real Estate Solutions | $399,900 | |
| Listed by United Real Estate Solutions | |||
| | |||
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BACK ON THE MARKET!! Check out this adorable cottage completely remodeled on 2.51 acres! Current owners converted this house to a more modern home with several upgrades. Perfect for primary residence, second home, or investment property. Enjoy the privacy with two small creeks on the property. Furnished and ready for you to move in or place on rental, projected income $50k-$55k. A few pieces of furniture and artwork will not convey. See attached list of upgrades made to the property. The manager has listed the unit size as 1008 square feet.
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| Oct 13, 2022 | In contract | - | |
| In contract | |||
| Oct 3, 2022 | Relisted | $399,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017