756 Sullivan Road
About This Property
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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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | Listed by Superior Realty and Investments | $285,000 | |
| Listed by Superior Realty and Investments | |||
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Welcome to your slice of paradise nestled beside the majestic Davy Crockett National Forest! This sprawling 25+/-acre property boasts picturesque pasture land, providing ample space for your agricultural dreams to flourish. With its tranquil pond shimmering in the sunlight, this property offers not only a scenic retreat but also a potential water source for livestock. Outdoor enthusiasts will rejoice in the property's proximity to the renowned Davy Crockett National Forest, offering endless opportunities for hunting, and wildlife observation right in your backyard. Whether you're looking to cultivate crops, raise livestock, or simply escape the hustle and bustle of city life, this property provides the perfect canvas for realizing your rural living aspirations. Don't miss out on the chance to make this pastoral paradise your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017