1009 Wade Hampton Street
About This Property
This property offers a fantastic opportunity for investors or buyers looking to add value to a spacious 3-bedroom, 1-bathroom home situated on a huge lot of land. Outdoor Space: Enjoy the outdoors on this generous lot of land, offering endless possibilities for landscaping, outdoor living, or potential additions to enhance the property's value. Don't Miss Out: Take advantage of this rare investment opportunity. Whether you're looking to renovate, flip, or rent out, this property holds immense potential for the savvy investor. All utilities are on! Water Heater has been updated, HVAC is in working condition both AC and Heat. AS-IS SALE NO REPAIRS WILL BE MADE!
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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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | Listed by REKonnection, LLC | $189,999 | |
| Listed by REKonnection, LLC | |||
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About Benbrook Lakeside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017