1598 Road 5007
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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 |
|---|---|---|---|
| Jul 17, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by RE/MAX Universal | $39,900 | |
| Listed by RE/MAX Universal | |||
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Country Living at It's Best! Come enjoy the Fresh, Clean Air in Cleveland! The time to build is Now! Almost 1/2 acre sits on elevated subdivision which has not flooded. You and your family deserve that Dream Home so why not get started on building it Today?! Go and Show. Property needs to be cleared.
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Last Updated: 5 months ago
Data Source: HAR , MLS# 45888409
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017