18 SOUTH DRIVE
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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 |
|---|---|---|---|
| Dec 7, 2023 | Sold | ||
| Sold | |||
| Nov 26, 2023 | No longer available | - | |
| No longer available | |||
| Oct 13, 2023 | Listed by Keller Williams Realty | $105,000 | |
| Listed by Keller Williams Realty | |||
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Clean and well cared for 1994 mobile home offers 2 bedroom, 2 full baths, newer cherry hard wood flooring in living room and hallway. Nice attached sunroom to enjoy your morning coffee/tea! Also has central air, vinyl siding and skylights for lots of natural light throughout the home. Very private setting backs to the woods. $685.00 a month rent fee, 55 plus development. Must be approved through Shady Rest and must be 55. Ramps for wheel chair access too. This unit will not disappoint!! Show and sell today. Close to all major roads.
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| Jan 24, 2020 | No longer available | - | |
| No longer available | |||
| Jul 23, 2019 | Listed | $40,000 | |
| Listed | |||
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Clean and well cared for 1994 mobile home offers 2 bedroom, 2 full baths, newer cherry hard wood flooring in living room and hallway. Nice attached sunroom to enjoy your morning coffee/tea! Also has central air, vinyl siding and skylights for lots of natural light throughout the home. Very private setting backs to the woods. $595.00 a month rent fee, 55 plus development. Must be approved through Shady Rest and must be 55. Ramps for wheel chair access too. This unit will not disappoint!! Show and sell today. Close to all major roads.
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About Mercer
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Currently no similar homes aroundNearby Rentals
$2,800 /mo
- 4 Beds
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$2,500 /mo
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- 2 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017