31034 Pine Knot Road
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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 |
|---|---|---|---|
| Apr 8, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2022 | Listed by Designed Realty Group | $60,000 | |
| Listed by Designed Realty Group | |||
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Check out this .49 AC, in Magnolia. The home needs major repairs or to be moved. A new build, a new mobile, or a tiny home would go perfectly on this property. This property is a corner lot with great pine trees. You can even add a new mobile in front and repair the current one for a guest house or in-laws quarters. NO HOA fees!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017