124 Texas Road
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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 |
|---|---|---|---|
| Aug 1, 2022 | Sold | ||
| Sold | |||
| Nov 6, 2021 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Holmdel | $349,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Holmdel | |||
| Oct 28, 2021 | No longer available | - | |
| No longer available | |||
| Sep 29, 2021 | Price Decreased |
$349,000
↓ $40K
(10.3%) | |
| Price Decreased | |||
| Jul 26, 2021 | Listed by Burke&Manna Real Estate Agency | $389,000 | |
| Listed by Burke&Manna Real Estate Agency | |||
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BUILD YOUR DREAM HOME! If you're looking for a large piece land to build your dream home on, you've found it! Existing home is in need of repairs. This quiet area, located in Morganville sits on an expansive property surrounded by the serene landscape. This location gives you 1.95 acres of privacy and is also a quick ride into the town of Marlboro with plenty of restaurants, stores, and things to do! Don't wait to see this property with an abundant amount of potential! This property is being sold AS IS! Buyer is to perform due diligence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017