247 Billy Jo Lane
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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 11, 2023 | Sold | ||
| Sold | |||
| Mar 30, 2023 | Listed by Ace Realty Partners | $239,000 | |
| Listed by Ace Realty Partners | |||
| | |||
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Owner Financing Available. Welcome to this stunningly updated home where modern elegance meets serene country living. This home features a spacious kitchen with granite countertops, and beautiful LVP flooring throughout that style and durability to the living space. Step out onto the oversized deck and take in the breathtaking views for miles while you relax or entertain guests. This home is the perfect blend of modern amenities and rustic charm, offering the peace and tranquility of country living with all the conveniences of modern life. Don't miss out on this opportunity to make it your own!
Owner is a licensed Texas real estate agent and shares an affiliated business relationship with the brokerage. Buyers and agents to do their own due diligence and verify sq ft, taxes, schools, etc. Information deemed reliable but not guaranteed.
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| Mar 3, 2023 | Sold | ||
| Sold | |||
| Dec 2, 2022 | Listed by eXp Realty, LLC | $150,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017