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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 |
|---|---|---|---|
| Aug 25, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2021 | Listed by Keller Williams Legacy | $349,999 | |
| Listed by Keller Williams Legacy | |||
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Wonderful lot to build your dream lake house! This lot has one of the best views on Lake Placid and comes with swimming dock with a great breeze on those hot summer days! Plans for a two-story 4 bedroom/4.5 bathroom custom home convey!
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| Jan 30, 2020 | Sold | ||
| Sold | |||
| Jan 14, 2020 | Listed by Keller Williams City-View | $39,900 | |
| Listed by Keller Williams City-View | |||
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Beautiful .38 acre lot located in Seguin, Texas. This lot with mature trees is located in a quiet neighborhood on the Guadalupe River. This lot is the perfect spot to build your dream home! **AGENTS TO VERIFY THIS INFORMATION: Not in Seguin city limits, structure would need to be 12-14' off the ground, CAN Place for a travel trailer for weekend vacationers or to park while building, no other restrictions for this property.
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| Nov 4, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017