119 Barnett Rd
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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by Kevin O'Connor Real Estate Professionals, Inc. | $309,900 | |
| Listed by Kevin O'Connor Real Estate Professionals, Inc. | |||
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Tidy 2 bedroom ranch off Whitins Rd near Rt 146 and all conveniences. Updates are needed but there are definite positive features with this home: a spacious 1 acre lot, replacement windows, vinyl siding, younger roof, updated electric and a partially finished lower level including a 1/2 bath. Well pump replaced 2013, gutters 2020, 24' x 32' fabulous, oversized detached garage (built 2014) with heat and power. (The garage alone is a hobbyist's dream!) Located in a terrific South Sutton neighborhood, this home offers plenty of potential for a buyer to make their own. Title V has failed- see attached report. Seller will not do repairs.Cash or renovation loans only. Subject to seller obtaining license to sell and subject to transfer of lease agreement regarding the SunRun solar panels. Offers due Wed. 6/26 by 3 PM.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017