312 Channel Drive
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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 1, 2021 | Sold | ||
| Sold | |||
| Feb 9, 2021 | Listed by Ebby Halliday Realtors | $93,900 | |
| Listed by Ebby Halliday Realtors | |||
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Great opportunity to own waterfront for under 100k!! 3 bedroom doublewide home on channel, boat house and retaining wall. Home has nice large living room facing the water with fireplace , large windows, and sliding doors to deck. Utility room for full size washer and dryer, recent paint and flooring, carport.
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| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Oct 15, 2019 | Price Decreased |
$85,000
↓ $5K
(5.6%) | |
| Price Decreased | |||
| Sep 20, 2019 | Listed | $90,000 | |
| Listed | |||
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Doublewide manufactured home with attached two car carport on small creek off Cedar Creek Lake. Large open living with corner WBFP. Large master suite. Large deck for grilling and entertaining. Covered boat house. Workshop and storage building. Income producing property, investors welcome. POA park, pool and boat launch. Possible Owner Financing The manager has listed the unit size as 1344 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017