3265 SOUTEL Drive
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 |
|---|---|---|---|
| Dec 23, 2025 | Price Decreased |
$109,900
↓ $5K
(4.4%) | |
| Price Decreased | |||
| Dec 11, 2025 | Listed | $114,900 | |
| Listed | |||
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INVESTOR ALERT! RIBAULT HILLS CONCRETE BLOCK 3/1 ADJACENT TO YANCEY PARK!!! With a strong rental market in the area, this one should offer long term WEALTH BUILDING as part of a rental portfolio. Alternatively, it may offer a potential BUY FIX SELL opportunity or may be a GREAT OPPORTUNITY for an end user looking to expend a bit of elbow grease in order to create plenty of WALK IN EQUITY! PROPERTY WILL BE VACANT AT CLOSING. Corporate Seller is looking for CASH or Hard Money ONLY, as property is being sold AS-IS with SELLER TO MAKE NO REPAIRS.
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| Jan 15, 2019 | Sold | ||
| Sold | |||
| Oct 22, 2018 | Listed by MITCHELL & WILLIAMS REALTY LLC | $56,000 | |
| Listed by MITCHELL & WILLIAMS REALTY LLC | |||
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Come check out this wonderful house. This home is currently rented for $725.00 with a 12 month lease.
**PLEASE SCHEDULE VIA SHOWING TIME AND WAIT UNTIL IT'S APPROVED BEFORE GOING OUT TO THE PROPERTY. DO NOT GO TO THE PROPERTY WITH A VERIFIED APPOINTMENT. TRESPASSER WILL BE PROSECUTED TO THE FULLEST!**
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| Apr 9, 2018 | Listed by MITCHELL & WILLIAMS REALTY LLC | $59,000 | |
| Listed by MITCHELL & WILLIAMS REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017