1405 Prarie Drive
About This Property
Demo was started on this home with intentions of fixing and flipping. Owner is motivated but not desperate to sell..
Owner just has too many projects going on and with the right offer she is willing to accept the sale.
Home needs love and attention but has great potential due to the neighborhood.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 3, 2023 | Sold | ||
| Sold | |||
| Mar 22, 2023 | Listed by Summus Realty | $175,950 | |
| Listed by Summus Realty | |||
| Jul 26, 2022 | Listed by Home Pros Real Estate Group | $169,000 | |
| Listed by Home Pros Real Estate Group | |||
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Investor Special! Great opportunity for investment. Work has been started on this home but never finished. Home is located in a great area just needs the finishing touches. Owner financing 25% down.
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| Apr 30, 2013 | Sold | ||
| Sold | |||
| Dec 9, 2012 | Listed by One Realty El Paso | $117,000 | |
| Listed by One Realty El Paso | |||
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Well-kept 3 bdrm single-level home in desirable Cielo Vista Park. Excellent home offers 2 living areas and enhancements such as a master bath, security system, covered patio and car port w/ storage closet. The fresh, newly painted interior lends brightness to the home and the den offers a cozy gas fireplace. Conveniently located near I-10, Ft. Bliss, shopping, restaurants and Hawkins Pool. Fine Comforts, timeless style! - Refrigerator to convey.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017