825 4-H Road
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 1, 2025 | Listed | $249,500 | |
| Listed | |||
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Beautifully renovated year-round home with a deeded right of way to Lake Salem. The home features 1426 sq.ft of finished space that consists of the main level with an open floor plan in the kitchen/dining/living areas, a separate laundry room & a full bath and a 2nd floor that offers a primary bedroom and second bedroom, both with lake views. The modern kitchen features stainless appliances, a center island and under cabinet lighting. The interior of this home has been completely renovated in recent years with tongue & groove pine ceilings, engineered hardwood flooring, sheet rocked walls, LED lighting and spray foam insulation in many areas including the crawl space. Updated utilities include all newer electrical (wired for a generator) & plumbing, a high efficiency propane furnace, hot water heater, a water softener, spare chimney for wood or pellet stove to be added and access to Comcast/Xfinity high-speed internet & cable. Additional features include an attached 11’x17’ storage shed, fenced back yard, front deck overlooking the water and a 10’ deeded right of way to the lake directly across the road. Lake Salem is great for boating, swimming, fishing and offers direct access to the VAST snowmobiling trails. All located within a quiet neighborhood, on a dead-end road and within walking distance to the public beach & dog park. Ideal property for a primary residence or vacation home.
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| Mar 4, 2022 | Sold | ||
| Sold | |||
| Aug 4, 2021 | Listed by Jim Campbell Real Estate | $229,000 | |
| Listed by Jim Campbell Real Estate | |||
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Fully renovated and year-round home with deeded rights to Lake Salem. Featuring 1426sq.ft of finished area that consists of the main level with a completely open floor plan in the kitchen/dining/living areas, a separate laundry room & a full bath and the 2nd floor that offers a guest room & the master bedroom, both with lake views. The modern kitchen features stainless appliances, a center island and under cabinet lighting. The interior of this home has been completely renovated in recent years with tongue & groove pine ceilings, engineered hardwood flooring, sheetrocked walls, LED lighting and spray foam insulation in many areas to include the crawl space. Updated utilities include all newer electrical & plumbing, a high efficiency propane furnace, hot water heated, a water softener, wired for a generator, spare chimney for wood or pellet stove to be added and access to Comcast/Xfinity high-speed internet & cable. Additional features include an attached 11’x17’ storage shed/garage, fenced back yard, front deck overlooking the water and a 10’ deeded right of way to the lake directly across the road (allowing the possibility for a dock to be installed). Lake Salem is great for boating, swimming, fishing and offers direct access to the VAST snowmobiling trails. All located within a quiet neighborhood, on a dead-end road and within walking distance to the public beach & dog park. Ideal property for a primary residence or vacation home.
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| Oct 7, 2019 | Sold | ||
| Sold | |||
| Jun 23, 2019 | Listed by Century 21 Farm & Forest | $159,900 | |
| Listed by Century 21 Farm & Forest | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017