0000 Primrose Way
About This Property
Zoned for an ADU (Accessory Dwelling Unit) behind each single family home no larger than 850 sq ft. A separate structure that can be rented to non-family members. An excellent source of income.
A great opportunity!
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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 6, 2023 | Sold | ||
| Sold | |||
| Dec 5, 2022 | Listed by Keller Williams Realty Of The Treasure Coast | $49,900 | |
| Listed by Keller Williams Realty Of The Treasure Coast | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
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Keller Williams Realty Of The Treasure Coast
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R10850161
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017