131 Rice 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 |
|---|---|---|---|
| Apr 22, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Mar 4, 2024 | Listed by Better Homes and Gardens Real Estate - The Masiello Group | $174,950 | |
| Listed by Better Homes and Gardens Real Estate - The Masiello Group | |||
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Perfect affordable opportunity for the right buyer!Situated on a lovely 1.85 acre level parcel; this sweet cottage awaits just the right buyer.In need of some love, this sweet one bedroom cottage could quickly come to life.The first level offers a family room, full bath, kitchen with small eat in area and one bedroom. A three season Florida room over looks the private back yard. The unfinished lower level houses the properties utilities and has plenty of room for storage. A substantial oversized detached two vehicle heated garage offers unlimited potential! The property is situated on a shared driveway.Property is being conveyed in AS IS, WHERE IS CONDITION! BUYER IS RESPONSIBLE FOR TITLE V AND SMOKE CERTIFICATES AND ALLEXPENSES INCCURED.
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| Feb 3, 2023 | Sold | ||
| Sold | |||
| Jul 10, 1995 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017