1505 Seneca Drive
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 14, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Listed by Demarco Properties | $69,800 | |
| Listed by Demarco Properties | |||
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OPPORTUNITY KNOCKS!! OWN YOUR OWN LAND WITH NO HOA OR PARK FEES. THIS PROPERTY IS A FIXER UPPER. NO WARRANTIES EXPRESSED OR IMPLIED. BUYER TO DO THEIR OWN DUE DILIGENCE. PROPERTY IS TENANT OCCUPIED ON A MONTH TO MONTH BASIS AT $900 PER MONTH. THERE ARE NUMEROUS ADD-ONS TO THE ORIGINAL 2 BEDROOM 2 BATH MOBILE HOME. AGE OF ORIGINAL MOBILE HOME IS UNKOWN. IN THE LAST 8 YEARS THE WELL AND SEPTIC SYSTEM HAVE BEEN REPLACED. LARGE CARPORT AND VERY PRIVATE SCREENED PORCH. SPACIOUS MULTI-PURPOSE ROOM HAS BEEN USED AS A 3rd BEDROOM. 2 VERY LARGE STORAGE/WORKSHOP AREAS. 2ND BATHROOM HAS NOT BEEN USED SINCE PROPERTY WAS PURCHASED IN 2018.
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| Jan 12, 2018 | Sold | ||
| Sold | |||
| Nov 30, 2017 | Listed by Realty World Curri Properties | $44,900 | |
| Listed by Realty World Curri Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017