801 Jerico Island 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 |
|---|---|---|---|
| May 16, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | Listed by Keller Williams Realty | $550,000 | |
| Listed by Keller Williams Realty | |||
| | |||
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Discover a once-in-a-lifetime opportunity to own 4.41 deep water acres of pure bliss on the stunning Jerico River. This remarkable property has breathtaking views that stretch as far as the eye can see. The 3-bedroom, 2-bath home has been completely updated to provide modern comfort in a tranquil riverside setting. Enjoy the spacious living room and a sunroom that bathes in natural light. There is a two-car detached garage and small shed for your storage needs. But the real magic lies in your backyard - a water lover's dream come true! Launch your fishing adventures, paddleboard, kayak, and more right from your own piece of paradise. The abundant wildlife on the island, from rare birds to deer and turkey, will be your daily companions. Easy access to I-95, so you're well-connected to everything. No HOA means the freedom to park your boat, RV, or work truck. This is more than a home; it's a gateway to a life of natural beauty and exploration!
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| Mar 13, 2024 | No longer available | - | |
| No longer available | |||
| Feb 23, 2024 | Price Decreased |
$549,900
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Feb 14, 2024 | Price Decreased |
$569,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017