225 Private Road 1622
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 |
|---|---|---|---|
| Mar 18, 2022 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by Keller Williams Brazos West | $550,000 | |
| Listed by Keller Williams Brazos West | |||
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15+ ACRES in a Fantastic location! This property has many income producing opportunities, live in the larger home & lease out the others or enjoy all acreage to yourself Really nice newer home, 5 bedrooms, 3 baths, 2 large open living areas, great kitchen with island & plenty of counter space Spacious master, double vanity, garden tub & separate shower Laundry room has space for freezer & storage Storage buildings & workshop with power. Currently 5 of the homes are being leased. Main house is the ONLY one available to show. Buyer to verify accuracy of all information including room & lot sizes, schools, taxes, amenities, etc. Neither Seller nor Listing Agent make any warranties or representation as to accuracy.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017