754 Dixon Road
About This Property
A significant portion of the land is wooded, providing ample timber that can be sold if desired. Whether you're looking for a hunting retreat, a homestead, or a recreational playground, this property meets all your needs. It includes a spacious pole barn and a concrete storage building that previously accommodated up to 14 ATVs, ideal for your outdoor adventures and equipment storage.
Enjoy the perfect blend of nature and convenience, all while escaping the hustle and bustle of everyday life. Plus, with a full-priced offer, the seller will contribute $10,000 towards your closing costs!
Make this dream retreat your own!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017