89 Bird Hill Rd
About This Property
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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 |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jul 1, 2024 | Listed by William Raveis R.E. & Home Services | $60,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Nestled on an expansive 11.6-acre parcel of land, this property offers a serene retreat atop a hill. A short stone wall adds rustic charm and defines the property's boundaries along the front and one side. At the front of the property in a clearing sits a small trailer and an outhouse while at the highest point of the hill, is a small hunting outpost/structure for a vantage point, offering potential wildlife sightings. Like the trailer and outhouse, the hunting outpost can also be removed, offering a blank canvas for possible new construction or development amidst a picturesque natural setting. Come, explore the land, and realize your vision of a tranquil countryside escape. Surveyed with clear boundaries and dimensions. APO, this land was purchased with the intent to build, having been perc test completed in 1985 may be needed again. Perc paperwork is not currently in hand. Buyers or Buyers' agents to do all due diligence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017