199 Circle Ridge Drive
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 |
|---|---|---|---|
| Sep 21, 2021 | No longer available | - | |
| No longer available | |||
| Aug 4, 2021 | Listed by KEEBAUGH & COMPANY | $185,000 | |
| Listed by KEEBAUGH & COMPANY | |||
| | |||
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Cute updated home on over 1 acre in East Mountain (Gilmer ISD). So many updates including roof 2020, interior flooring, lighting fixtures, appliances (fridge and washer/dryer will stay also), counter tops and back splash, some new windows and screens, water heater replaced in 2021. HDTV antenna installed in attic and wired to both TV wall mounted locations. Seller uses carport on back as a large covered patio, but could be used as attached parking. 24 x 25 shop/garage on slab added in 2021. No electric or power at this time but could be added. The manager has listed the unit size as 1476 square feet.
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| Apr 3, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Jan 10, 2020 | Price Decreased |
$98,000
↓ $5K
(4.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017