3272 FL-207
About This Property
The real beauty here is have your own family compound using the existing Quonsett hut/garage for a workshop or convert to a modern living space on its own lot with its own parcel ID. All together there are 5 parcels of which 3 are vacant, platted Vermont heights lots. All have separate parcel numbers. So keep it together, sell off a part or develop the whole parcel which consists of 1.06 acres total.
The tenants in place have a good track record and would love to stay with the right arrangements. But they are on a month to month arrangement.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 3, 2022 | Sold | ||
| Sold | |||
| Oct 18, 2021 | Listed by REMAX LEADING EDGE | $199,000 | |
| Listed by REMAX LEADING EDGE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017