217 WASHINGTON Avenue
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 |
|---|---|---|---|
| Aug 4, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | Listed by CHAD AND SANDY REAL ESTATE GRP | $8,000 | |
| Listed by CHAD AND SANDY REAL ESTATE GRP | |||
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Under contract-accepting backup offers. Come build your dream home on these eight vacant lots for the price of one. Each lot is .06 acres for a total of .48 acres. The lots being sold are 25, 26, 27, 28, 29, 30, 31, and 32. There are no utilities located on any of the properties. You will only be 15 minute's drive from Palatka Airport, HCA Florida Putnam Hospital, Rice Creek Conservation Area, Publix, Wal-Mart, Winn-Dixie, Lowe’s, Home Depot, Sonny's BBQ and so much more to do in the area.
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| Apr 27, 2023 | Listed by CHAD AND SANDY REAL ESTATE GROUP | $8,000 | |
| Listed by CHAD AND SANDY REAL ESTATE GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017