0 Hickory Tree 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 |
|---|---|---|---|
| Jul 23, 2021 | Sold | ||
| Sold | |||
| Mar 9, 2021 | Listed by BHHS RESULTS REALTY | $585,000 | |
| Listed by BHHS RESULTS REALTY | |||
| | |||
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Commercial acreage in St.Cloud zoned "Neighborhood Business'' ready for development. This 1.67 acre track has City utilities and electricity nearby with a current list price of $585k. Located on the corner of Old Hickory and Hickory Tree, this property is within walking distance to Twin Lakes, Gramercy Farms, Hanover Lakes and a NEW 7-11. Prime opportunity to build and offer MULTIPLE spaces for a Beauty Shop, Educational Facility, Florist, MEDICAL OFFICES, Pharmacy, and much more. DOT counts are 5,300 daily on Hickory Tree Rd.
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| Aug 28, 2020 | Sold | ||
| Sold | |||
| May 31, 2020 | No longer available | - | |
| No longer available | |||
| May 13, 2020 | Price Increased |
$85,000
↑ $10K
(13.3%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017