8466 State Highway 20
About This Property
10 Acres (+/-) offering a mix of pasture and wooded acreage, ideal for hunting, livestock, recreation, and more! The property includes a 1998 Clayton singlewide mobile home with 2 bedrooms, 2 baths, and approximately 700 sq. ft.(ch), along with a large covered deck, front porch, and fenced yard. Improvements include a 40x36 shop (2 storage containers and a build-over), carport, chicken house, and goat barn. The acreage is partially fenced and offers plenty of room for a variety of uses. Absolute Auction - No Reserve!
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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 |
|---|---|---|---|
| Oct 28, 2026 | In contract | - | |
| In contract | |||
| Sep 28, 2026 | Listed by Coldwell Banker Select | $50,000 | |
| Listed by Coldwell Banker Select | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017