297 Armidillo 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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Lake Homes Realty, LLC | $84,000 | |
| Listed by Lake Homes Realty, LLC | |||
| | |||
|
Welcome to the cutest Lakeview weekend cabin or even full time Home. This home sits on 2 fully fenced lots with an attached carport. The home is just steps away from the subdivision boat ramp and fishing pier. The house has recently been remodeled and leveled and 30 yr shingle roof!
| |||
| Jul 28, 2024 | No longer available | - | |
| No longer available | |||
| Jul 16, 2024 | Price Decreased |
$90,000
↓ $13K
(12.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017