12916 Briar Road
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 |
|---|---|---|---|
| Oct 27, 2020 | Sold | ||
| Sold | |||
| Jun 11, 2020 | Listed by Anne Land Real Estate | $385,000 | |
| Listed by Anne Land Real Estate | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Aug 2, 2019 | Listed | $425,000 | |
| Listed | |||
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Fantastic opportunity for acreage in Azle. This property features a single family home, along with 3 mobile homes currently leased to tenants, but can be removed by new owners. Three septic systems, deep well and beautiful terrain. The land has fencing, plenty of trees, and a beautiful creek. Large workshop near front of property is insulated, has electricity and it's own bathroom. 3 other workshops with electricity are on the property. Near back of property is a homesite surrounded by lovely trees, making it the perfect spot for a new home on the property. Seller is willing to remove mobile homes from the property if needed. The manager has listed the unit size as 2000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017