1
Map
3245 Torrence Avenue SE
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 |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Listed by Arium Real Estate, LLC | $40,000 | |
| Listed by Arium Real Estate, LLC | |||
| | |||
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Great opportunity to build on this vacant lot in a desirable residential neighborhood. Located near schools, shopping, and local parks, this lot is also located adjacent to property for sale on an oversized lot on the street behind it. A perfect choice for those seeking to invest or create a home in an well established area with plenty of possibilities.
| |||
| May 26, 2023 | Sold | ||
| Sold | |||
| Feb 6, 2023 | Listed by Divine Real Estate Pros | $37,500 | |
| Listed by Divine Real Estate Pros | |||
Property Highlights
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Price/ft²
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Sold On
About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017