3091 Mcneil Road
About This Property
2.47 Acres in town off McNeil Rd with county taxes only! The 2 story house has a charming southern feel and with some updating will be a gorgeous family home! The rooms are spacious and the screened balcony sweeps across the entire front of the home for those magnificent eastern breezes. Incredibly large family room, 1/2 bath downstairs, den, kitchen w/ snack counter, separate raised dining room, nice living room for enjoying company, master suite with a sitting area, nice size bedrooms. Large tiled front deck for sitting under the majestic old oaks. The home is situated back from the road with a circular driveway.
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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 |
|---|---|---|---|
| Sep 21, 2020 | Sold | ||
| Sold | |||
| Jun 12, 2020 | Listed by Security Real Estate Services | $299,000 | |
| Listed by Security Real Estate Services | |||
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About Fort Pierce South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017