347 Brookline Road
About This Property
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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 31, 2020 | Sold | ||
| Sold | |||
| Jul 20, 2019 | Listed by Bellville Realty | $20,000 | |
| Listed by Bellville Realty | |||
| Jan 3, 2019 | No longer available | - | |
| No longer available | |||
| Aug 7, 2018 | Listed | $30,000 | |
| Listed | |||
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This is a unique opportunity to own land out in the country. Currently there are two older mobile homes with water and septic but the structure conditions may warrant replacing the current homes with something newer and more efficient. There's a lot of potential and an affordable price so it's hard to get much more upside than what's here!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017