1211 Alabama Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 22, 2021 | Sold | ||
| Sold | |||
| Mar 9, 2021 | Sold | ||
| Sold | |||
| Mar 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 13, 2021 | Price Decreased |
$185,000
↓ $40K
(17.8%) | |
| Price Decreased | |||
| Feb 5, 2021 | Listed | $225,000 | |
| Listed | |||
| | |||
|
Beautiful level lot in the heart of Watts Hillandale. Lot qualifies for the small lot option. A House built on this lot cannot be more than 1200 sq ft total and cannot be more than 800 sq ft on the ground level. Amazing opportunity just 2 blocks to Oval Park, Easy access to Duke, 9th St, Downtown and all that Durham has to offer.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017