8826 County Road 584
About This Property
Discover the perfect blend of beauty and opportunity on this 35-acre property featuring rolling terrain, open pasture, and a natural creek that enhances its charm. Whether you're envisioning a private homestead, a small cow-calf operation, or an equine facility, this land provides endless potential. Already ag-exempt, it offers both value and versatility, with the option to subdivide into multiple homesites. A rare chance to own acreage that combines wide-open space with natural features, ideal for your next chapter.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017