2530 CORTEZ Road
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 |
|---|---|---|---|
| Nov 17, 2015 | Sold | ||
| Sold | |||
| Jul 27, 2015 | Listed by WATSON REALTY CORP | $150,000 | |
| Listed by WATSON REALTY CORP | |||
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|
This is two lots together. Has a small run off pond on the property. Property has been cleared.Buyer to check on zoning for restrictions.
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| Jan 17, 2015 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $150,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
| Mar 31, 2014 | Sold | ||
| Sold | |||
| Jan 19, 2014 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $100,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
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|
Lot is mostly cleared. Fenced Partial
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Greater Arlington
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Currently no similar homes aroundNearby Rentals
$2,100 /mo
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$1,700 /mo
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 753315
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