16511 S EVANS RD
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 |
|---|---|---|---|
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2023 | Listed by Keller Williams City-View | $95,000 | |
| Listed by Keller Williams City-View | |||
| Feb 9, 2023 | No longer available | - | |
| No longer available | |||
| Jan 26, 2023 | Listed by KELLER WILLIS SAN ANTONIO INC | $125,000 | |
| Listed by KELLER WILLIS SAN ANTONIO INC | |||
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This is a rare opportunity to purchase a beautifully leveled and fenced lot outside of the city limits. The lot is complete with mature trees, a seasonal creek running behind, and an electric meter already on site. You can turn this property into your own dream with potential uses including an RV Park, multiple manufactured homes, or building your own custom home. The property also conveys with a storage container, which can be used for additional storage or a bonus room! Don't miss out on this amazing opportunity! The manager has listed the unit size as 77014 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017