974 Sundown Road
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 29, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Oro Realty | $115,000 | |
| Listed by Oro Realty | |||
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Welcome to this charming 5-acre property featuring a cozy 32x12 cabin with two bedrooms and one bath. While the cabin is not fully finished, it offers a fantastic opportunity for anyone looking to put their personal touch on a project. The property features partial fencing, paths cleared throughout the property, a shed and a sloping terrain to the back of the property. Underground electrical and water are already on site. Tons of deer and wildlife on this serene landscape. Plenty of space for outdoor activities, gardening, or even expanding the cabin. This property is ideal for those seeking a peaceful retreat or a getaway. Don’t miss your chance to transform this unique space into your next oasis!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017