120 Meadowview Lane
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 1, 2020 | Sold | ||
| Sold | |||
| May 30, 2020 | In contract | - | |
| In contract | |||
| May 15, 2020 | Listed | $39,000 | |
| Listed | |||
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This 2 acre lot has several crape myrtles and will make a beautiful homestead. This place already has a water meter, electric meter and city sewer. Bring your plans or modular home or move a home in here. You just can't move in a manufactured home in the city of Point. Lot has a 26 x 28 well built carport and storage. Buyer and Buyer's agent to verify all information.
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| Jan 2, 2020 | Listed by Exit Realty Pinnacle Group | $39,000 | |
| Listed by Exit Realty Pinnacle Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017