12399 NE 224th Street
About This Property
2 Nationally recognized 14 station sporting clay grounds, 7 station sub gauge course. Club House/Pro Shop with multi purpose event pavilion for 350 people. Quail Creek is private jet accessible and FAQ FAA helicopter pad on property. 1 hour north of The Palm Beaches. No expense was spared for this 20 year labor of love.
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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 |
|---|---|---|---|
| Jun 21, 2021 | Sold | ||
| Sold | |||
| May 3, 2020 | Listed by Illustrated Properties LLC (Co | $25,000,000 | |
| Listed by Illustrated Properties LLC (Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017