306 Indian Forest 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 |
|---|---|---|---|
| Nov 22, 2021 | Sold | ||
| Sold | |||
| Oct 18, 2021 | Listed by Century 21 Lindsey and Pauley | $274,900 | |
| Listed by Century 21 Lindsey and Pauley | |||
| Feb 4, 2021 | Sold | ||
| Sold | |||
| Oct 13, 2020 | Listed by Century 21 Lindsey and Pauley | $175,000 | |
| Listed by Century 21 Lindsey and Pauley | |||
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Hard to find 3.06 Acres located in the City of Jasper and zoned R-3, multi-family residential. This property provides great opportunity for development with all utilities including city water and sewer. Ideally located within walking distance to downtown Jasper and located across the street from the City Park. This land provides hard to find zoning that allows townhomes, apartments, duplexes, etc. A new survey was recently completed to reflect more acreage that what is listed on the tax record.
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| Apr 12, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017