108 RACHEL Road
About This Property
Step into a space that has been thoughtfully revitalized, featuring new flooring and freshly painted walls. With a spacious 20x45 shop, there's ample room for your vision to take shape.
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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 |
|---|---|---|---|
| Jun 6, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | Listed by IHEART REALTY INC | $125,000 | |
| Listed by IHEART REALTY INC | |||
| Jul 30, 2021 | Sold | ||
| Sold | |||
| Apr 27, 2021 | Listed by HELEN HERSEY REALTY | $75,000 | |
| Listed by HELEN HERSEY REALTY | |||
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You will enjoy the upgrades in this home. 1/2'' plywood floors. Vinyl flooring. Master bath updated with tile shower, new vanity and toilet. Main bath has new vanity and toilet and features a linen closet. Updated in 2019. Has reverse cycle window unit. Kitchen has side by side refrigerator. Man's dream work shop. 20 x 45. Was used as cabinet shop part of shop has 1/2 insulation and part used as drying room with exhaust fan...then there is more storage for mowers. Great deck for either mornings or evenings. Includes adjoining lot parcel. Contact office for parcel #. Cash Only.
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| Oct 2, 2020 | Listed by IHEART REALTY INC | $72,000 | |
| Listed by IHEART REALTY INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017