9199 County Road 505
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 |
|---|---|---|---|
| Oct 20, 2023 | Sold | ||
| Sold | |||
| Aug 2, 2023 | Listed by Bailes Real Estate | $525,000 | |
| Listed by Bailes Real Estate | |||
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Home sweet home! Nestled on 5 acres you will find a beautiful three-bedroom two bath home in a quiet country atmosphere with easy access to the city. This well-maintained home has a large stone fireplace with wood a mantel in the living, a farmhouse kitchen with large windows to let in an abundance of natural light, the property also features a guest home that has 2 bedrooms and a large bathroom with a porch off the back. There is an RV cover as well as Another shop that has a loft with office space and plenty of storage. HVAC as well as Septic have all been updated within the last 2 years. There are so many opportunities within the property you have to see to appreciate.
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| May 20, 2021 | Sold | ||
| Sold | |||
| Apr 11, 2021 | Listed by Realty Associates | $445,000 | |
| Listed by Realty Associates | |||
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The epitome of a country dream property, this rare find full of charm sits on 5 unrestricted acres. The kitchen has custom cabinets, granite, & stainless steel appliances. Living room boasts vaulted ceilings & a cozy white rock fireplace. Spacious owners suite has dual sinks, whirlpool tub, separate shower, & walk-in closet. Additional bedrooms also feature oversized walk-in closets. Step out back to your own private paradise. The screened entertainment area features a covered patio and in-ground pool. Reverse osmosis water system. Endless hobby & storage potential w/ 2 concrete-floor outbuildings: 50x20 metal shop w/ finished exercise room or office space with tile floors and A/C. The 14x32 barn can fit an RV or boat. Beautiful views in every direction of oaks, maple, avocado, & apple trees. Wild blackberries grow off the paths in the back acreage during the spring. NO FLOODING ever. Call for your very own private showing & a list of recent updates!
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| Dec 4, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017