299 Winfield WAY
About This Property
1 HW heater for both floors and 1 electric meter, 2 AC units (upstairs replaced in 2020), new well pump and tank 2020. Brand new septic tank (15000 gal) 2021. Water softening system with aerator and filter. City water is on the street and is available for hook up.
There is an existing laundry hookup behind the wall in the upstairs unit pantry.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 30, 2021 | Sold | ||
| Sold | |||
| May 30, 2021 | Listed by GULF SHORES REALTY | $399,900 | |
| Listed by GULF SHORES REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017