2304 Ferrell Road
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 |
|---|---|---|---|
| Nov 29, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2020 | Listed by Frank Ward, REALTORS | $340,000 | |
| Listed by Frank Ward, REALTORS | |||
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Estate sale.4 homes on (2) lots all sold together.Includes 2304,2306,2310,2312 Ferrell Road.Durham County has address's as 2306 & 2310 Ferrell Rd in tax information.Zone IL. ALL SOLD AS-IS CONDITION.All tenant occupied,notice needed to show all properties.Contact listing agent for all information about homes.All sizes are estimated and approximate.Active R/R railroad tracks next to 2304 Ferrell Road & railroad easement/right of way along railroad side onto this property.Map shows 100 feet right of way.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017