229 El Paso Street
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 8, 2023 | Sold | ||
| Sold | |||
| Jan 29, 2016 | Sold | ||
| Sold | |||
| Sep 25, 2015 | Listed by Keller Williams Realty | $119,900 | |
| Listed by Keller Williams Realty | |||
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Move in ready, this 5 room 3 bedroom ranch has been totally remodeled inside and out. Complete with new roof, windows and vinyl siding on the exterior, and all new flooring, kitchen cabinets and stainless steel appliances on the inside. Plenty of room in the basement for a workshop with work bench or to add a playroom or office. Call for your showing today!
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| Nov 14, 2014 | Sold | ||
| Sold | |||
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