8119 County Road 254
About This Property
including an unfinished addition to the original home that would add an additional 600+ sq ft to the home. There is a metal
shop on the property as well as a one room building that could be used as an office, storage space, green house, or may
other option. The house is hooked up to one water well and septic tank, the other well and septic had been previously used
on another home that sat toward the back of the property. The house also has two recently updated energy efficient window units that heat and cool. Bring all of your ideas to this place and have fun making it your own!
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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 |
|---|---|---|---|
| Apr 23, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Listed by RE/MAX Big Country | $165,000 | |
| Listed by RE/MAX Big Country | |||
| Oct 11, 2024 | No longer available | - | |
| No longer available | |||
| Jun 19, 2024 | Price Decreased |
$165,000
↓ $15K
(8.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017