16803 Marlin Spike Way
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 2, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Listed by Keller Williams Signature | $59,999 | |
| Listed by Keller Williams Signature | |||
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OVERSIZED CORNER LOT! Zone X-An Area That Is Determined To Be Outside The 100 and 500-Year Floodplains. Build as you like with a four-car garage, and incorporate a pool with an additional dwelling or shop. Multiple possibilities for a new home construction in a top-notch school district. One of the largest lots in the Newport subdivision directly on the corner with absolutely no road noise. Schedule your showing today!
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| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
| Mar 29, 2023 | Listed by Apex Brokerage, LLC | $90,000 | |
| Listed by Apex Brokerage, LLC | |||
| | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017