2392 SW 24
About This Property
Embrace the community spirit with a voluntary Homeowners Association (HOA) at an affordable $50 per year.
This property is a rare find, offering a balance between suburban tranquility and urban accessibility. Priced attractively at $80,000, this empty canvas awaits your vision to transform it into the home of your dreams. Seize the opportunity to join the Oak Lake Estates community and make this blank slate your very own piece of paradise. Act now, as opportunities like these are as rare as they are valuable!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 9, 2024 | Sold | ||
| Sold | |||
| Nov 29, 2023 | Listed by Premier Associates Realty LLC | $80,000 | |
| Listed by Premier Associates Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017