24550 Shannon St
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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by eXp Realty LLC | $75,000 | |
| Listed by eXp Realty LLC | |||
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This lot is perfect for someone looking to build their dream home in a peaceful and private setting. Surrounded by mature trees and stunning countryside views, this property offers serene escape from the hustle and bustle of city life. The current development permit allows for single-family residence built on the lot with plenty of space for additional and amenities for entertainment. Located just a short drive from downtown Hempstead, residence enjoy easy, access to shopping, dining and entertainment opportunities, while still maintaining since a tranquility. Don't miss your opportunity to own a piece of the country.
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Last Updated: 4 months ago
Data Source: HAR , MLS# 64008212
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017