9405 County Road 15B
About This Property
The property has a diverse landscape with a mix of mature pine trees, dense brush, and a meadow. The meadow area may include some wetlands. A well-established entrance off County Road 15B provides easy access, while a mature tree line offers seclusion from the road. For outdoor enthusiasts, the property has abundant whitetail deer signs throughout making it ideal for hunting or wildlife observation. Additionally, electric and fiber optic services are conveniently located at the road. The survey will determine the exact boundary lines.
Just minutes away you will find over 2,000 acres of state land perfect for hunting and hiking adventures. The popular Birdsall Bar and Grill is also a short drive away. All rights convey.
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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 |
|---|---|---|---|
| Mar 19, 2025 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Listed by Landquest Inc. | $24,900 | |
| Listed by Landquest Inc. | |||
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This 5 acre building lot offers a perfect spot for your new cabin or home in Birdsall NY, Allegany County.
The property has a diverse landscape with a mix of mature pine trees, dense brush, and a meadow. The meadow area may include some wetlands. A well-established entrance off County Road 15B provides easy access, while a mature tree line offers seclusion from the road. For outdoor enthusiasts, the property has abundant whitetail deer signs throughout making it ideal for hunting or wildlife observation. Additionally, electric and fiber optic services are conveniently located at the road. The survey will determine the exact boundary lines.
Just minutes away you will find over 2,000 acres of state land perfect for hunting and hiking adventures. The popular Birdsall Bar and Grill is also a short drive away. All rights convey.
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