221 MANUEL Court
About This Property
***Motivated sellers, bring all offers***Check out the aerial video to appreciate this lot!
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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 |
|---|---|---|---|
| Jun 16, 2016 | Sold | ||
| Sold | |||
| Sep 29, 2015 | Listed by ERA DAVIS & LINN | $999,000 | |
| Listed by ERA DAVIS & LINN | |||
| May 3, 2011 | Sold | ||
| Sold | |||
| Nov 2, 2009 | Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | $183,600 | |
| Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | |||
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BANK OWNED lot located in private Alimara neighborhood of Palencia at end of the cul-de-sac. This secluded lot contains 40,510 SF based on PR and backs up to a preserve. No time limit to build. Palencia has wonderful amenities including fitness center, playgrounds, parks, tennis courts, nature trails, and a boardwalk. This property previously sold in 12/2005 for $450,000. Now is the time to buy!
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| Oct 13, 2008 | Listed by ROYAL HIGHLANDER REAL ESTATE CONSULTANTS, LLC. | $385,000 | |
| Listed by ROYAL HIGHLANDER REAL ESTATE CONSULTANTS, LLC. | |||
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Wooded estate conservation lot on cul-de-sac w/lake on west side of lot. Arthur Hills championship golf course community. No time limit to build. Build your dream home in this Audubon Society award winning community. Palencia has resort style amenities including 15 parks, boardwalk to intracoastal waterway, 20 miles bike/hike trails, fitness center, clubhouse, waterpark pool, lap & wading pools
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017