20551 Tortuga Circle Circle
About This Property
The adjacent lot is for sale and can be adjoined with this one to make it an even bigger land for your next home.
Come visit and imagine yourself surrounded by nature and urbanization at the same time.
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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 |
|---|---|---|---|
| Jun 16, 2023 | Sold | ||
| Sold | |||
| Mar 16, 2022 | Listed by Keller Williams Realty - Memor | $70,000 | |
| Listed by Keller Williams Realty - Memor | |||
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This 1.56 acre lot brings lots of opportunities your way! Easy access from street easement, water, cable and electricity available makes it perfect for your next residential project. Grand Parkway extension will make this location readily accessible and close to everything the Cleveland/ Porter/ Cleveland area has to offer.
The adjacent lot is for sale and can be adjoined with this one to make it an even bigger land for your next home.
Come visit and imagine yourself surrounded by nature and urbanization at the same time.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017