13535 NEELEY ROAD
About This Property
Moreover, the proximity to shopping and dining options means that while you enjoy the peace and quiet of country living, modern conveniences are never far away. The newly built homes and surrounding communities add to the charm, providing a sense of growth and community development. The absence of HOA fees and deed restrictions, coupled with no flood insurance requirement, makes this an uncomplicated and attractive investment. Seller will install new septic system.
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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 |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Apr 22, 2025 | In contract | - | |
| In contract | |||
| Apr 18, 2025 | Relisted | $269,500 | |
| Relisted | |||
| Apr 14, 2025 | In contract | - | |
| In contract | |||
| Apr 6, 2025 | Listed by COLDWELL BANKER REALTY | $269,500 | |
| Listed by COLDWELL BANKER REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017