8743 Beebe Hill Road
About This Property
Located along a paved road, an existing driveway leads to the cabin nestled within a perfect mix of open spaces and woodlands ideal for hunting and relaxation. The north end of the property features an Amish built cabin that is currently under construction. The cabin is 16 x 40 and features an 8 ft. wide covered porch that is great for relaxing and enjoying the views. Additional structures include a 2022 Keystone mini travel trailer, and two storage sheds. The property includes a 100 amp electric service with upgraded underground wiring, a cased water well with a yard hydrant, and a riding lawn mower. A large fenced-in area is ideal for pets or kids.
Approximately seventy-five percent of the land is wooded with a mix of hardwoods, pine trees, and multiple apple trees making this an excellent hunting property with abundant deer signs. ATV trails throughout providing easy access and ample recreational opportunities. All rights convey. Boundary lines on the aerial map are approximates.
Enjoy this great hunting and recreational property with Cuba Lake within 15 minutes.
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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%.
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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.
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 |
|---|---|---|---|
| Sep 18, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Listed by Landquest Inc. | $119,900 | |
| Listed by Landquest Inc. | |||
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This property consists of a cabin and a travel trailer on 10 acres in Cuba NY, Allegany County.
Located along a paved road, an existing driveway leads to the cabin nestled within a perfect mix of open spaces and woodlands ideal for hunting and relaxation. The north end of the property features an Amish built cabin that is currently under construction. The cabin is 16 x 40 and features an 8 ft. wide covered porch that is great for relaxing and enjoying the views. Additional structures include a 2022 Keystone mini travel trailer, and two storage sheds. The property includes a 100 amp electric service with upgraded underground wiring, a cased water well with a yard hydrant, and a riding lawn mower. A large fenced-in area is ideal for pets or kids.
Approximately seventy-five percent of the land is wooded with a mix of hardwoods, pine trees, and multiple apple trees making this an excellent hunting property with abundant deer signs. ATV trails throughout providing easy access and ample recreational opportunities. All rights convey. Boundary lines on the aerial map are approximates.
Enjoy this great hunting and recreational property with Cuba Lake within 15 minutes.
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| Oct 2, 2020 | Sold | ||
| Sold | |||
| Aug 10, 2020 | Listed by ERA Team VP Real Estate | $37,500 | |
| Listed by ERA Team VP Real Estate | |||
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10+ acres. Partially Cleared and fenced for livestock. Back acres are still wooded and timber and mineral rights are included in sale. The property includes a camper, some sheds, animal shelter and porta-potty. Current owner previously had livestock and used for camp/recreation purposes. Owners added a well and had driveway work done. There is no septic on the property and owners are not adding any. Property will be sold as is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017