2525 Red Oak Lane
About This Property
BACK ON THE MARKET!' Very well maintained 3-2 single wide mobile home! With .46 of an acre to work with, it's a large lot with tons of space to make your own. The property has a pool, but it will need a new liner. The property will be sold AS IS, as the owner is not able to make any repairs. The refrigerator, washer, dryer, and storage shed will convey with the property. This property would make a great family home, a wonderful investment or rental. Property is also in the Mansfield ISD. *Buyer to verify all Information . *
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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 |
|---|---|---|---|
| Jun 14, 2023 | Sold | ||
| Sold | |||
| Mar 9, 2023 | Listed by Keller Williams Realty | $175,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017