1121 6th Street
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 |
|---|---|---|---|
| Aug 18, 2025 | Sold | ||
| Sold | |||
| Jul 30, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Price Decreased |
$162,000
↓ $18K
(10%) | |
| Price Decreased | |||
| Jan 22, 2025 | Listed | $180,000 | |
| Listed | |||
| | |||
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Lake Okeechobee Access - Buckhead Ridge Charming 3-bedroom, 3-bathroom single-wide mobile home, perfect as a primary residence, vacation getaway, or investment property. This home boasts added income potential with two cozy efficiencies: the Blue Cottage and Green Cottage, both equipped with split A/C systems. Property Highlights: Upgrades: New A/C (2022) Washer & Dryer (2023) Refrigerator (2023) Water Heater (2024) Additional Features: Furnished and move-in ready Shed, workshop, and laundry room with stackable washer/dryer Ideal setup for fishermen or as a mother-in-law suite This property offers a great opportunity for generating rental income or enjoying the serene lifestyle near Lake Okeechobee. Don’t miss out!
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| Aug 13, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017