3318 LEWIS SPEEDWAY
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 7, 2021 | Sold | ||
| Sold | |||
| Jun 16, 2021 | Listed by RE/MAX CONNECTS | $434,900 | |
| Listed by RE/MAX CONNECTS | |||
| May 25, 2021 | Listed by RE/MAX CONNECTS | $64,900 | |
| Listed by RE/MAX CONNECTS | |||
| Jul 18, 2019 | Listed by REALTY WORLD EXECUTIVE GROUP | $149,900 | |
| Listed by REALTY WORLD EXECUTIVE GROUP | |||
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This is actually two adjacent lots(3318 and 3324) for sale with each lot approximately .31 acre each giving you over .60 of an acre on Red House Branch. Beautiful view of the sunrise over the marsh. Build your dream home with no HOA or CDD fees.
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| Jan 26, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017