13590 YELLOW BLUFF Road
About This Property
The current mobile home is not habitable and has no value, the photos reflect current condition. This may be a last chance to buy land and build to your personal specifications. The opportunity exists to rehab mobile home & use as an income producing property or...remove existing mobile home and start fresh. Property has well, septic tank and power pole. With the current expansion on the North side, there is a Publix shopping center, restaurants, drug store, child care center & elementary school approximately 1 mile away. In addition, River City Shopping mall, Amazon Fulfillment center and airport less than a 10 minute drive.
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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 9, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Listed | $80,000 | |
| Listed | |||
| | |||
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BUYERS, INVESTORS, BUILDERS, REMODELERS...come one, come all! This .31 acre lot on the corner of Pate and Yellow bluff is available. CASH ONLY...Start with a great location and let your imagination lead the way. The current mobile home is not habitable and has no value, THE PHOTOS IN THIS LISTING REFLECT THE INTERIOR CONDITION BEFORE THE MH WAS BOARDED UP AND SECURED BY THE CITY. This may be a last chance to buy land and build to your personal specifications. The opportunity exists to rehab mobile home & use as an income producing property or...remove existing mobile home and start fresh. Property has well, septic tank and power pole. With the current expansion on the North side, there is a Publix shopping center, restaurants, drug store, child care center & elementary school approximately 1 mile away. In addition, River City Shopping mall, Amazon Fulfillment center and airport less than a 10 minute drive.
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| May 5, 2022 | Listed by ROBERT SLACK, LLC. | $75,000 | |
| Listed by ROBERT SLACK, LLC. | |||
| Feb 24, 2017 | Sold | ||
| Sold | |||
| Nov 19, 2016 | Listed by ROBERT SLACK, LLC. | $35,000 | |
| Listed by ROBERT SLACK, LLC. | |||
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About Northside
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1167221
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017