107 W 2nd Street
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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 |
|---|---|---|---|
| Dec 7, 2021 | Sold | ||
| Sold | |||
| Aug 25, 2021 | Listed by Legacy Premier Group | $299,900 | |
| Listed by Legacy Premier Group | |||
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Awesome opportunity to own a property in the heart of Prosper. Home features a huge living area, kitchen with gas range, 3 bedrooms and 1 full bath. Would also make a great office or commercial property. Buyer responsible for requesting zoning for business or commercial. Great price for the location and future growth of the area! Property includes Lots 3 & 4.
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| May 17, 2019 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $299,999 | |
| Listed | |||
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Great Investment Property either for a family home or future commercial project. Downtown Prosper location next to the new Prosper Town Hall and other new businesses. Value is in the location and future growth in this area. The manager has listed the unit size as 1248 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017