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Map
216 Mokulua LN
About This Property
No steep slopes to fight, no weird rock formations to name. Just a clear, buildable canvas in a peaceful neighborhood with trees that provide shade but don't throw attitude.
Buy dirt, they said-it'll be fun, they said. And in this case... they were right.
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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 16, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by Venture Partners R.E. | $40,000 | |
| Listed by Venture Partners R.E. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017