22279 Russell Drive
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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 |
|---|---|---|---|
| Dec 8, 2023 | Sold | ||
| Sold | |||
| Oct 22, 2023 | Listed by JLA Realty | $280,000 | |
| Listed by JLA Realty | |||
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Just over an acre of unrestricted property just minutes from highway 59N, highway 99 and new Valley Ranch Development! Property contains a fully brick 3/4 bedroom home, two storage sheds, two car ports (one can fit a camper), screened in porch and circle drive. Property also contains a generator that can power the entire home (with the exception of oven and dryer), perfect for unpredictable hurricane seasons. Large screened in porch also contains air conditioned storage room in the back (not included in square footage). All wood flooring is original to the home and flows throughout living space and bedrooms. Home also contains large in-home laundry room off of left hand bedroom. Schedule your private showing of this home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017