78 Mountain 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 |
|---|---|---|---|
| Aug 25, 2021 | Sold | ||
| Sold | |||
| Jun 23, 2021 | Listed by BHHS Verani Seacoast | $409,900 | |
| Listed by BHHS Verani Seacoast | |||
| May 25, 2019 | No longer available | - | |
| No longer available | |||
| Apr 15, 2019 | Listed | $76,600 | |
| Listed | |||
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This is a beautiful lot with lots of possibilities.The land climbs up to the top of the hill and then slopes down to the back where it's level, private and wooded with no homes behind it. There are stone walls, apple trees, and at one time they had beautiful vegetable and flower gardens down there. Pawtuckaway State Park is right up the road for hiking, swimming, boating, camping etc.. Raymond is close to the highway for easy access to the coast, etc.. The lot is being sold as land AS IS with a modified mobile home that you may want to remove,with some structure/sheds and some odds and ends on the property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017