2024 Pier Lane
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 |
|---|---|---|---|
| Nov 15, 2022 | Sold | ||
| Sold | |||
| Sep 21, 2022 | Listed by Dream Work Realty | $339,500 | |
| Listed by Dream Work Realty | |||
| Aug 8, 2022 | Sold | ||
| Sold | |||
| May 27, 2022 | Listed by Dream Work Realty | $189,990 | |
| Listed by Dream Work Realty | |||
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Investment opportunity in a wonderful east El Paso neighborhood. The pros: Spacious, cul-de-sac lot, surrounded by pretty homes, swimming pool, solar panels, 2 massive refrigerated AC units, newer windows, nice size backyard lot has a rolling gate that leads to access road and RV parking. The price point allows you to reimagine this entire home! Are you waiting for that perfect fixer upper? This is definitely it. A deep cleaning, carpet and paint will go a long way in restoring this very loved home back to her glory. Located behind Target off George Dieter and Montwood. Being sold as-is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017