214 Big Salty Lane
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Cap Rate Calculator
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 9, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | Listed by Worth Clark Realty | $310,000 | |
| Listed by Worth Clark Realty | |||
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SELLER OFFERING 2K IN CONCESSIONS TO HELP BUY DOWN THE RATE! This charming 2-acre property in Springtown offers a delightful blend of country living and convenience. Situated in a serene area, you’ll enjoy the tranquility of the countryside while still being close to amenities like restaurants and grocery stores. Plus, it’s just a 40-minute drive to Fort Worth! Say goodbye to outdated popcorn ceilings! The interior has been updated with a modern finish! Durable and stylish flooring for easy maintenance! Keep your RV sheltered and ready for adventures! Space for up to 4 cars! NEW AIR CONDITIONER!Ideal for hobbies or storage! 10x16 and 10x12 Additional Storage Unit with Electric and more space for your belongings! Enjoy your morning coffee or unwind in the fresh air. No HOA freedom to make this property truly your own! Whether you’re seeking a peaceful retreat or a place to call home, this Springtown gem offers endless possibilities. Don’t miss out on the chance to embrace country living
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| Feb 25, 2022 | Sold | ||
| Sold | |||
| Dec 28, 2021 | Listed by KELLER WILLIAMS REALTY | $135,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017