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$257,000
● House - Off Market

11 Riggs

bedrooms
3 Beds
bathrooms
1 Bath
square feet
824 Ft²
$565,292
RealtyHop Estimate
109.45%
Since May 1, 2004
National-US
Primary Model

About This Property

ALMOST COMPLETED RENOVATIONS MAKES THIS 3BR HOME PRACTICALLY MAINTENANCE FREE! WAIT UNTIL ITS FINISHED OR TAKE OVER FROM HERE AND ADD YOUR OWN FLARE. ONE BLOCK FROM HARBOR AND BEACH. HOME WARRANTY INCLUDED!
Unit Size
824 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$328
Property Type
House
Property Taxes
$136
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 years ago (MLSPIN #30775217)

Price History

Date / Event Date Event Price
Apr 9, 2004 Sold
Premium
Sold
Sep 30, 2003 Listed by Keller Williams Realty Evolution $269,900
Listed by Keller Williams Realty Evolution

Property Highlights

Interior Details
Level: First
Width: 10
Length: 17
Features: Flooring - Stone/Ceramic Tile
Area: 170
Area: 36
Features: Bathroom - Full
Length: 9
Level: First
Width: 4
Level: Second
Width: 11
Length: 12
Area: 132
Width: 11
Features: Flooring - Hardwood
Length: 15
Level: First
Area: 165
Length: 12
Level: First
Area: 132
Features: Flooring - Hardwood
Width: 11
Width: 11
Length: 11
Area: 121
Level: Second
Level: First
Level: Second
Length: 15
Width: 11
Area: 165
Features: No
Full Bathrooms: 1
Appliances: None, Oil Water Heater, Utility Connections for Electric Range
Flooring Type: Wood, Vinyl, Carpet
Laundry Features: First Floor, Washer Hookup
Rooms: 6
Basement: Full
Parking Details
Parking Features: Paved Drive
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Area: 0.04
Lot Size Units: Acres
Lot Size Acres: 0.04
Zoning: R4
Parcel Number: 1899421
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 6
Tax Assessed Value: $149,500
Tax Annual Amount: $1,637
Utilities Details
Utilities: for Electric Range, Washer Hookup
Cooling Type: None
Heating Type: Hot Water
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30775217
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