20427 County Road 510
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 |
|---|---|---|---|
| Jul 21, 2023 | Sold | ||
| Sold | |||
| May 31, 2023 | Listed by American Realty | $168,000 | |
| Listed by American Realty | |||
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Bring the kids, dogs and chickens to enjoy the country life with no city taxes near the San Bernard River but still close to town. This manufactured home was installed on this property after the flood of 2017 (Harvey). Since its installation the seller has upgraded the Water Heater to a 50-gallon tank, installed a Whirlpool Water Softener, the HVAC system with a 4-ton, the dishwasher, the electric range and some of the carpet. The kitchen features a very nice island and ample counter space for food preparation. The large primary bedroom features an en-suite bath that has a spa like tub and separate shower. Outside you will find chain and wood fencing for your dogs, 2 sheds, and a carport plus the front entry has a covered and screened porch area and a ramp entry at the back door.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017