13478 Nevada 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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 13, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $227,000 | |
| Listed | |||
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Great Opportunity For An Investor Or For Someone Who Is Willing To Do A Little Work. The Property Is Perfectly Located In The Rural Area Of Phelan And Sits On A 2.05 Acre Fully Fenced Level Corner Lot With Tons Of Possibilities. You Will Appreciate The Elbow Room Between The Homes And The Ability To Enjoy The Stars At Night. This Spacious Home Features A Very Well Laid Out Floor Plan With An Open Concept. Title Shows It As A 4 Bedroom Home But The 4th Bedroom Has Open Walls On 2 Sides And Is Really More Of A Den. Both Bathroom Are A Good Size. The Home Needs Some Work But If You Are Willing To Do Some Minor Repairs You Will Have A Beautiful Home. Buyer To Investigate Condition. Home Is Missing Bedroom Flooring Which May Be An Issue With Your Lender So Please Check Prior To Writing Your Offer. Home Is Being Sold AS IS. Looking For A Quick Escrow. The manager has listed the unit size as 1566 square feet.
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| May 12, 2018 | Listed by HERITAGE REALTY | $227,000 | |
| Listed by HERITAGE REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017