1381 Buccaneer 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 |
|---|---|---|---|
| Dec 10, 2021 | Sold | ||
| Sold | |||
| Aug 9, 2021 | Listed by Remax Of Abilene | $199,999 | |
| Listed by Remax Of Abilene | |||
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AMAZING AND UNIQUE PROPERTY THAT HAS A NEW, NEVER USED, ADA APPROVED, 280SF APPROXIMATE STUDIO, MOTHER IN LAW DETACHED APARTMENT, WITH ALL NEW APPLIANCES, INCLUDING WASHER AND DRYER! MAIN HOME FEATURES 3 BEDROOMS, 2 BATHS, 2 LIVING AND 2 CAR GARAGE. HOME IS SITUATED ON A CORNER LOT, WITH A WORKING WATER WELL TO WET YOUR LAWN AT YOUR CHOOSING. OWNER HAS TAKEN PRIDE IN THIS HOME. YOU WILL APPRECIATE THE LARGE MASTER SUITE WITH PLENTY OF CLOSET SPACE WITH IT'S OWN UPDATED BATH, PLUS PLENTY OF STORAGE. THE KITCHEN BOASTS GRANITE COUNTER TOPS AND A PANTRY. BACKYARD FEATURES INCLUDE A NICE POND, OVER SIZED COVERED PATIO, AND A WORKSHOP. COME SEE AND MAKE THIS ONE YOUR NEXT HOME! $7500 BUYER ALLOWANCE TOO!
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About Elmwood Area
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017