2004 Southwood 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 |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Jan 11, 2025 | In contract | - | |
| In contract | |||
| Dec 9, 2024 | Listed by Superior Realty and Investments | $299,900 | |
| Listed by Superior Realty and Investments | |||
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Prime Commercial Property! This 4.684-acre lot, with frontage on Loop Feeder Rd, Southwood, Gobblers Knob, and Old Gobblers Knob, is an ideal investment opportunity. Located along the Southwest Loop, the property features a level terrain with scattered trees, offering excellent visibility and exposure to high traffic. With all utilities readily available and local business zoning, this versatile lot is perfect for a wide range of commercial ventures. Don't miss out on this unique opportunity to secure a prominent location for your business!
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Last Updated: 5 months ago
Data Source: HAR , MLS# 54294907
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017