15
Map
1650 ACRE Circle
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 |
|---|---|---|---|
| Jul 31, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $55,000 | |
| Listed | |||
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Here is an awesome opportunity to own in Greenwood Acres, Panama City Beach. This is a 55+ community, with pool and lawn care included. The home has 2 screened porches, 2 bedrooms, 2 baths and a large living area that opens to the front screened porch. This particular home is located right next door to the pool (and the pool is typically very quiet) so you'll enjoy the convenience for exercise and cooling off on those hot August days! Association fees are low, keeping your ownership costs lowest of any beach area. (all info in the listing is approx and anything that is important to buyer should be verified.)The manager has listed the unit size as 936 square feet.
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| Mar 17, 2017 | Listed by Overstreet Realty | $55,000 | |
| Listed by Overstreet Realty | |||
| Nov 29, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017