775 County Road 278
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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 |
|---|---|---|---|
| Aug 13, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2024 | Listed by Keller Williams Memorial | $200,000 | |
| Listed by Keller Williams Memorial | |||
| Jul 13, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2023 | Listed by Keller Williams Memorial | $180,000 | |
| Listed by Keller Williams Memorial | |||
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Temporarily off the market for cleaning and repairs. Don't miss this chance to create your own slice of heaven near Lake Somerville. Whether you're a nature enthusiast, a DIY enthusiast, or someone seeking a peaceful retreat, this property is the canvas for your dreams. With a little work, it can become the charming, cozy, and inviting home you've always wanted.
Contact us today to schedule a viewing and explore the endless potential that this property offers.
Appraised value: 201,000. Utilities connected. 3+ acres. Roof in 2012 No survey.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017