155 Wright Avenue
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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 7, 2021 | Sold | ||
| Sold | |||
| Aug 14, 2021 | In contract | - | |
| In contract | |||
| Jul 21, 2021 | Listed by RE/MAX Reliance | $429,000 | |
| Listed by RE/MAX Reliance | |||
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One of Deer Park's Most Affordable Opporunities to Own. h/w floors, fin bsmt with OSE and Bath, Updates include Gas Heating System, Upgraded Electric Panel, Large In Ground Pool--20/30k of value. (needs liner and must be serviced). Fenced Yard, Att Garage, Large Corner Lot! Taxes Never Grieved, House needs TLC, Seller will continue to make upgrades and asking price will continue to rise. Great for Purchasers to rehab and finish renovated ranch using 203k/rehab loans, seller will also consider private financing, Come See, Won't Last!
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About Deer Park
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Data Source: OneKey MLS
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