11281 SE 55th Ave ROAD
About This Property
Please note the second bedroom is accessed through the first bedroom.
Cash transactions please. Being Sold As is.
Seller believes roof is original 1928. Sellers have purchased approximately $5,000. in roofing materials from TriCounty Metals for a metal roof that will convey with the home.
Central HVAC not operational. Currently using a window unit in the great room.
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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 |
|---|---|---|---|
| Nov 4, 2022 | Sold | ||
| Sold | |||
| Aug 11, 2022 | Listed by CRYSTAL SNOOK REAL ESTATE | $135,000 | |
| Listed by CRYSTAL SNOOK REAL ESTATE | |||
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About Belleview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017