9615 Hwy 61
About This Property
The A/C has a seven year transferable warranty as well as a one year pest control for termites.
The welcoming large living room has a wood burning stone fireplace that is ready for relaxing by the fire on cold winter nights.
This home has so much to offer with its acreage, large spacious layout with options for dining and a study area
and recently updated flooring.
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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 |
|---|---|---|---|
| Nov 30, 2023 | Sold | ||
| Sold | |||
| Apr 13, 2023 | Listed by Toledo Bend Properties | $416,000 | |
| Listed by Toledo Bend Properties | |||
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This charming country home sits just a few miles north of the Interstate on 5.5 acres. This brick home offers an abundance of storage options both inside the home and outside. There are two storage areas on the property as well as coverage for a large RV. The spacious kitchen, living room, and bathrooms all offer amazing wood cabinetry for your storage needs.
The A/C has a seven year transferable warranty as well as a one year pest control for termites.
The welcoming large living room has a wood burning stone fireplace that is ready for relaxing by the fire on cold winter nights.
This home has so much to offer with its acreage, large spacious layout with options for dining and a study area
and recently updated flooring.
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Last Updated: 5 months ago
Data Source: HAR , MLS# 34112957
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017