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7980 Barber Dr
About This Property
The detached garage is a mechanic's dream. It has LED lighting, a car lift, a 500 square foot office and storage area and two 12' RV doors.
There is a well for irrigating the lawn but city water for the home and horses. There is a three stall barn for your horses and a grazing pasture as well. There are two other storage sheds and a covered parking area for additional vehicles. If you need a large garage and/or horse property but want to keep your commute a short one, this is the home for you!
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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 |
|---|---|---|---|
| Sep 12, 2023 | Sold | ||
| Sold | |||
| Aug 16, 2023 | Listed | $1,250,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017