111 Evening Fire Drive
About This Property
Seller will need to replat the lot from the current 2.4 acres.
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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 |
|---|---|---|---|
| Mar 11, 2021 | Sold | ||
| Sold | |||
| Sep 1, 2020 | Listed by Hi View Real Estate | $79,900 | |
| Listed by Hi View Real Estate | |||
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1.2 Acre residential lot in popular Pioneer Point subdivision. A deed restricted, one acre lot development off of FM 66. Water tap and electrical is on the lot. This is the first lot on the left next to water tower.
Seller will need to replat the lot from the current 2.4 acres.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017