2591 MYRTLE Loop
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 |
|---|---|---|---|
| Dec 6, 2018 | Sold | ||
| Sold | |||
| Feb 26, 2018 | Listed by WATSON REALTY CORP | $145,000 | |
| Listed by WATSON REALTY CORP | |||
| Mar 25, 2015 | Sold | ||
| Sold | |||
| Jan 2, 2015 | Listed by WATSON REALTY CORP | $69,900 | |
| Listed by WATSON REALTY CORP | |||
| | |||
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Multiple Opportunities with this high and dry 2.46 acre – Corner Lot! 2 Mobile homes currently exist on the property; both need some TLC but could be occupied rather quickly. This could offer residency or rental income depending on buyers’ vision. First home (1320 SF) is a double wide with nicely shaded front porch and screened back porch with 3 bedrooms and 2 baths. Second home (784 SF) is a single wide with 2 bedrooms and 1 ½ baths. Currently zoned residential and zoned for horses, buyer must verify zoning and restrictions on this property. Property is fully fenced and comes with a Barn and detached Garage/ Work shed. Multiple Fruit trees and grape vines are on this nicely cleared property. Property is being Sold AS IS - Seller will not make any repairs!!
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| Jun 23, 2014 | Listed by WATSON REALTY CORP | $72,500 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017