30888 Polk 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 |
|---|---|---|---|
| Jun 6, 2019 | Sold | ||
| Sold | |||
| Jul 31, 2018 | Listed by Cressy & Everett Real Estate | $164,900 | |
| Listed by Cressy & Everett Real Estate | |||
| Jun 18, 2018 | Listed | $169,900 | |
| Listed | |||
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JUST LOWERED IN PRICE BY LARGE AMOUNT. OFFERS CONSIDERED! Leased Land cottage with a sugar sand beach on this 528 acre lake located in the heart of Sister Lakes; Must pay cash as mortgages are not available; Annual lease paid to landowner of approx. $6,940 and lease runs to 2025 plus personal property taxes. Level site, quiet area, private road, great view of lake. The manager has listed the unit size as 2020 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017