7911 Airfield Drive
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 |
|---|---|---|---|
| Jun 4, 2023 | No longer available | - | |
| No longer available | |||
| May 31, 2023 | Sold | ||
| Sold | |||
| May 13, 2023 | Listed by INC REALTY, LLC | $650,000 | |
| Listed by INC REALTY, LLC | |||
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Perfectly set airstrip lot, Ironhead Airfield, this beauty feels like home the minute you pull up! The living room is warm and inviting, centered by a wood-burning fireplace and built-in shelving. A spacious breakfast area looks out to the backyard and flows into the kitchen, where you’ll find a breakfast bar, double oven and smooth top range. The master bedroom is large with no lack of storage, including a separate his and her walk-in closets. Updated vanity with granite counters, and a beautiful tile and glass shower remodel make this entire room an owner’s retreat! You’ll enjoy the patios morning and night, bring your coffee and wine, and make this house your home. Enjoy the 60x48 airplane hangar with 40x12 sliding door and a 12x12 roll up door, one bedroom, one bathroom apartment in the hangar, as well. There is a well maintained 2500' grass runway This property is a rare gem you will appreciate. Let's make this yours today! The manager has listed the unit size as 5041 square feet.
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| Apr 13, 2023 | Listed by INC Realty, LLC | $650,000 | |
| Listed by INC Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017