24085 Ashland Road
About This Property
A massive 36x18 foot cement slab was laid down, transforming the area into a versatile platform ready for various activities and events.
Over the slab, a sleek metal shelter was erected, offering protection from the elements and a space for locals to meet and enjoy their surroundings.
An 1800-gallon water tank stood proudly beside the shelter, ensuring that the new space would always have a steady supply of water for all its future uses
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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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 29, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Relisted | $80,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Jul 25, 2024 | Listed by Keller Williams High Desert | $80,000 | |
| Listed by Keller Williams High Desert | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017