1221 IMPERIAL DRIVE Drive
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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%.
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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.
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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 14, 2015 | Sold | ||
| Sold | |||
| Mar 19, 2012 | Sold | ||
| Sold | |||
| Jun 23, 2011 | Listed by Downing Frye Realty Inc. | $39,000 | |
| Listed by Downing Frye Realty Inc. | |||
| May 13, 2011 | Listed by Downing Frye Realty Inc. | $369,000 | |
| Listed by Downing Frye Realty Inc. | |||
| Dec 19, 2009 | Listed by Downing Frye Realty Inc. | $54,900 | |
| Listed by Downing Frye Realty Inc. | |||
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Recently reduced to $54,900, this lot offers outstanding investment potential. For credit-worthy borrowers, seller will finance purchase with 25% down. Imperial Golf Estates is a beautiful private North Naples Gated Golf Course Community (membership optiona) with 36 immaculately maintained holes designed by renowned architects, Arthur Hills & Ward Northrup. **** Five minutes from beaches, dining and shops, this 24-hour guard gated community is a quite and peaceful location, but convenient to everything. Park Place West includes lawncare, community pool and other shared amenities, which is somewhat unique in the area for single family home subdivisions. This listing is for Lot # 6 located at 1221 Imperial Circle. At $54,900, this property is priced to move quickly. The adjoining property is also for sale. The community is SOLVENT and includes cable, lawn maintenance, periodic exterior home painting, etc. A rare find, especially to part-time residents not wanting "to-do" lists.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017