11585 Highway 53 W
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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Dec 16, 2024 | Listed by Rudhil Companies, LLC | $222,000 | |
| Listed by Rudhil Companies, LLC | |||
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Check out this well maintained 2017 mobile home on 3 acres (land is included in sale!). This property contains the following items updated less than a year ago: paint, LVP flooring, appliances, HVAC, generator, covered parking, and storage shed. This 3 bed/2bath home combines modern living with the tranquility of nature, offering an ideal retreat for anyone seeking a spacious and serene environment. The expansive land is perfect for outdoor activities, gardening, or potential future expansion. There is plenty of space for multiple vehicles, and all essential utilities are connected and functioning. This home is ready to welcome you before summer ends! Reach out for more information.
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| Aug 10, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | Listed by Toles, Temple & Wright, Inc. | $199,000 | |
| Listed by Toles, Temple & Wright, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017