3115 26TH Avenue SE
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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 |
|---|---|---|---|
| May 24, 2010 | Sold | ||
| Sold | |||
| Sep 8, 2009 | Listed by South Bay Realty | $45,000 | |
| Listed by South Bay Realty | |||
| Apr 10, 2008 | Listed by South Bay Realty | $145,000 | |
| Listed by South Bay Realty | |||
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5 ACRES ASKING ONLY $145,000!!! This is a CORNER LOT facing Everglades Blvd on the Northern corner of 26th Ave SE, just South of Golden Gate Blvd. ERP was issued on 6/2/05 and land is ready to be built on! Owner has cleared and placed fill for pad. Owner has the building plans in hand! This price includes both property ID# 41347800003 and property ID# 41347800100 (properties have not been joined together)! These 2 properties are being sold together! This would allow the buyer to build on one, and sell the other! Permit # is 11-024-1328, JUST TAKE IT TO THE COUNTY WITH YOUR BUILDING PLANS OR THE OWNER'S EXISTING BUILDING PLANS AND YOU ARE READY! Owner may considering selling the lots separately.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017