10501 Jay 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 |
|---|---|---|---|
| Oct 17, 2023 | Sold | ||
| Sold | |||
| Jun 3, 2023 | Listed by RE/MAX Leading Edge | $299,000 | |
| Listed by RE/MAX Leading Edge | |||
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Two beautiful acres in Santa Fe ISD. 20’ culvert installed. City water and sewer taps already done. No need for well or septic. 400+ loads of dirt under house pad. Pad was built for a 3200 sq ft single story house with a 40x60 shop and a pool. Electric pole already on property set for 100’ setback for house. Pond in the back w/12x20 deck. 10x10 shed on property. Comes with 54” Badboy mower. Mature oaks, pecans, and cedars. Property on right side is a horse pasture so no neighbors at this time. 600’ of fence on this side. 350’ of fence on left side. This property is ready to build on right now.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017