1247 6th Street
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 |
|---|---|---|---|
| Mar 7, 2025 | No longer available | - | |
| No longer available | |||
| Jan 30, 2025 | Price Increased |
$210,000
↑ $5K
(2.4%) | |
| Price Increased | |||
| Jan 13, 2025 | Price Decreased |
$205,000
↓ $15K
(6.8%) | |
| Price Decreased | |||
| Jan 9, 2025 | Price Decreased |
$220,000
↓ $19K
(8%) | |
| Price Decreased | |||
| Jan 2, 2025 | Listed | $239,000 | |
| Listed | |||
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OWNER FINANCING AVAILABLE!
Charming Canal Front Retreat in Okeechobee
Welcome to your dream home! This 3/2 bath gem offers direct canal access, ideal for fishing and boating. Enjoy a brand-new kitchen with modern appliances and an open-concept living area filled with natural light. The master suite features a private en-suite bathroom, while two additional bedrooms provide versatility for guests or a home office. Relax on your patio overlooking the canal, which is ideal for morning coffee or sunsets.
A detached garage offers conversion potential for additional living space. Close to local amenities and parks. Don't miss this rare opportunity - schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017