203 Mcdonald 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 |
|---|---|---|---|
| May 17, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 1, 2024 | Listed by Texas Realty | $129,900 | |
| Listed by Texas Realty | |||
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Beautiful and lush double lot property with over half an acre. Older home that has had some updates and structural improvements made. Fresh paint indoors with pretty new flooring. A rare chance to own a 3 bedroom house at this price point! Brand new storage building conveys with the home as well as a riding lawnmower to make upkeep easier. Possibilities are endless with the ample space this property provides in a school district that is much sought after. Mature trees provide lovely shade for any outdoor activity desired. Perfect location to add a secondary home for multi generational living. Do not miss this opportunity to grab a beautiful place for your family!
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| Feb 1, 2022 | Sold | ||
| Sold | |||
| Nov 14, 2021 | Listed by Canda Rasberry Team LLC | $99,900 | |
| Listed by Canda Rasberry Team LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017