163 PAYNE Road
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 |
|---|---|---|---|
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 20, 2021 | Sold | ||
| Sold | |||
| Mar 4, 2021 | Listed by TREVOR WATERS REALTY, INC. | $84,900 | |
| Listed by TREVOR WATERS REALTY, INC. | |||
| Apr 1, 2020 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $139,500 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
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A fisherman's delight because this is the Bass capital for sure! Over 4 acres on the canal with a short distance to Dunn's Creek and navigable to the Atlantic Ocean. The location alone is well sought after. Plenty of room for boats, trailers, RV's, bring all the toys. Either a weekend getaway or full time living, it's all right here! 2nd floor covered porch overlooking the canal, covered boat lift, private guest suite or office downstairs with full kitchen. Wood burning fireplace for those chilly nights. New roof in 2019, natural gas for hot water heater and heating. Home currently held in an Estate and preforeclosure to be sold ''as is''. Home and dock and will need repairs.
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| Feb 27, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017