2812 Pierce 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 |
|---|---|---|---|
| Mar 7, 2023 | Sold | ||
| Sold | |||
| Dec 17, 2022 | Listed by SouthSide Realtors, LLC | $274,900 | |
| Listed by SouthSide Realtors, LLC | |||
| | |||
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Private lot with 11.76 acres and attractive, well-maintained mobile home. Two lots being combined together to make this attractive parcel - with room to add more. Spacious mobile home with an open floorplan and island kitchen. Large deck off front and back door. Home is occupied, so need notice to show. Tenant will be given 30 day notice when a contract is accepted. Contracts will be contingent on the final approval from the county combining the two lots together as shown in the new survey in documents section. Home on permanent foundation and title has been retired. FHA eligible.
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| Nov 4, 2022 | Listed by SouthSide, REALTORS | $274,900 | |
| Listed by SouthSide, REALTORS | |||
| Sep 22, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017