2
Map
1618 NW 46th Terrace
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 |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 28, 2024 | Listed by Mixon Real Estate Group | $55,000 | |
| Listed by Mixon Real Estate Group | |||
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PLAYLAND PARK~0.43 acre Lot, zoned Residential mixed. This oversized Lot offers building options. Weather you are considering a single-family home, modular home or mobile home. Features: Water well, Septic tank, Power pole, Culvert, Fenced, Shed for storage, NO HOA, NO Flood zone(X), and some Oak trees. This area provides the ideal setting for those seeking more space without sacrificing proximity to town. In growing community, make sure you secure half an acre before it is Gone! Measurements are approximately.
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| Nov 22, 2023 | Sold | ||
| Sold | |||
| Aug 26, 2023 | Listed by Dalton Wade Inc | $48,000 | |
| Listed by Dalton Wade Inc | |||
| Nov 13, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017