0 W US Highway 98 W
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 8, 2024 | No longer available | - | |
| No longer available | |||
| Feb 27, 2024 | Listed by Roberts Brothers, Inc. | $55,000 | |
| Listed by Roberts Brothers, Inc. | |||
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Close to the water and downtown Fairhope, this wooded lot offers privacy and an easy commute to restaurants and entertainment. Build your dream home and walk to Mullet Point to enjoy sunsets. Bike trails and a pedestrian friendly environment are wonderful features adding to the enjoyment of this location. Fishing and boating are easily accessible and boat launches are right around the corner!
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| Jun 11, 2023 | No longer available | - | |
| No longer available | |||
| Dec 2, 2022 | Price Decreased |
$674,999
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Oct 23, 2022 | Listed by Roberts Brothers, Inc. | $699,000 | |
| Listed by Roberts Brothers, Inc. | |||
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20 Acres located on Hwy 98 south of Fairhope. Over 900 feet of road frontage. Soybeans are presently being grown on property.
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Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017