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975 Llagas 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 |
|---|---|---|---|
| Mar 17, 2025 | Listed by Compass | $2,400,000 | |
| Listed by Compass | |||
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This exceptional modern farmhouse seamlessly combines luxury living with entrepreneurial potential. Nestled in a tranquil oasis yet conveniently close to shops, the property features a beautifully renovated barn with horse stables, ideal for equestrian enthusiasts. Beyond its captivating charm, the property offers the potential for lot splitting, opening doors to various business ventures, including hosting events in the serene surroundings. The barn's living quarters also provide an opportunity for rental income. This property is more than just a home; it's a canvas for your entrepreneurial dreams. Meticulously maintained and thoughtfully upgraded, it embodies elegance, convenience, and endless possibilities. Don't miss this extraordinary investment opportunity in a prime location. Your future awaits!
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| Oct 8, 2024 | Relisted | $2,998,888 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Oct 3, 2023 | Listed | $2,998,888 | |
| Listed | |||
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This exceptional modern farmhouse, elegantly upgraded, offers a harmonious blend of luxury living and entrepreneurial potential. Nestled in a serene oasis yet conveniently located near shops, this property boasts a meticulously renovated barn with horse stables, providing a haven for equestrian enthusiasts. Beyond its enchanting charm, it presents the prospect of lot splitting for development in this prime location, paving the way for various business ventures, including hosting memorable events amidst the tranquil surroundings. Additionally, the barn's living quarters offer the potential for consistent rental income. This property is more than a residence; it's a canvas for your entrepreneurial aspirations. Meticulously maintained and thoughtfully upgraded, it embodies elegance, convenience, and limitless possibilities. Don't miss this extraordinary investment opportunity in a coveted prime location. Your future awaits!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017