11475 Folks Road
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 |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Dec 8, 2023 | No longer available | - | |
| No longer available | |||
| Dec 7, 2023 | Listed by RE/MAX MID-MICHIGAN R.E. | $219,900 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
| Sep 27, 2023 | No longer available | - | |
| No longer available | |||
| Sep 27, 2023 | Listed by RE/MAX Mid-Michigan | $240,000 | |
| Listed by RE/MAX Mid-Michigan | |||
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This beautiful 5 acres is Amish owned and just a little piece of Heaven. The 2 bedroom 2 bath mobile home is in pristine condition and has a beautiful deck and covered porch that allows you to relax in the evening overlooking your beautiful wooded acres. The outbuildings offer a lot of opportunities for animals/toys or an extra large 50x70 new pole barn to house your business needs. The manager has listed the unit size as 1125 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017