2569 PINELLAS Lane
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 |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | Listed by INI REALTY | $149,900 | |
| Listed by INI REALTY | |||
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Calling all investors! Two lots for one great price. Yes, the mobile home is included in the sale. Place another unit on the lot next door and increase your ROI. This rental is newly remodeled and it is currently rented until 12-31-24. The kitchen cabinets and floors are all new. The AC was just installed as well. This home sits in a very private location and has very little traffic on this short lane. Parcels included are 14-05-24-006372-000-00 and 14-05-24-006372-001-00. Both lots are to be sold together and they will not be sold individually.
Cash buyers only. Seller is a licensed real estate agent.
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| Oct 5, 2023 | Listed by INI REALTY | $139,900 | |
| Listed by INI REALTY | |||
| Apr 30, 2020 | Sold | ||
| Sold | |||
Property Highlights
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About Middleburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017