8623 County Road 35.7
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 |
|---|---|---|---|
| Jul 7, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | Listed by RE/MAX Homestead Northeast | $349,000 | |
| Listed by RE/MAX Homestead Northeast | |||
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COUNTRY VIEWS AT THEIR FINEST. Nestled back 1/4 mile off Highway 6 half-way between Atwood and Sterling, this property offers quiet privacy with room for horses and other livestock. 11 acres of land with fenced pasture/corrals, the detached garage has a large storage room for tack or fee and a small stall barn. 2 nice sheds/outbuildings and mature trees. House has been remodeled but has maintained quaint country charm. Nice master bedroom with private full bath with jetted tub, a fireplace and walk-in closet. 1 additional bedroom on main with 2 closets. Small living room, washer/dryer area off kitchen plus a formal dining room and large semi-finished room in basement that can be used for a family room or non-conforming bedroom (has a closet), plus a 1/2 bath and large storage area with newer well pressure tank, hot water heat and water heater.
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| Jul 25, 2022 | No longer available | - | |
| No longer available | |||
| Jul 2, 2022 | Listed by Vandenbark Realty | $399,900 | |
| Listed by Vandenbark Realty | |||
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Great country property just minutes from Sterling and Merino. This 3 bedroom, 2-1/2 bath home has been recently updated last year. Master bedroom has its own fireplace and spa-like bathroom (added in 2021) and the third bathroom in the basement has 1/2 bath (just needs your finishing touches. 11 acre property which is secluded, has a detached garage with barn/stall attached. Other outbuildings include storage and/or guest room (approx 290 sq ft) (many possibilities). The acreage is well treed and is easy to get to off Highway 6. Its hard to find acreage at this price!! The manager has listed the unit size as 2236 square feet.
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| Jun 9, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017