LOT 29 DEVLIEG Avenue
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 10, 2019 | No longer available | - | |
| No longer available | |||
| Oct 19, 2019 | Price Decreased |
$60,000
↓ $5K
(7.7%) | |
| Price Decreased | |||
| Jun 23, 2019 | Price Decreased |
$65,000
↓ $5K
(6.5%) | |
| Price Decreased | |||
| May 4, 2019 | Listed | $69,500 | |
| Listed | |||
| | |||
|
Grayton Bayou is located in historic Point Washington in South Walton. This neighborhood offers a boat launch, a bay park, a community pool, and is surrounded by the Point Washington State Forest. No build out time. All measures/info/contacts are believed to be correct but should be verified by the buyer.
| |||
| Apr 28, 2017 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017