35 Gerard St
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 |
|---|---|---|---|
| Oct 31, 2019 | Sold | ||
| Sold | |||
| May 2, 2019 | Listed by Coco, Early & Associates | $250,000 | |
| Listed by Coco, Early & Associates | |||
| May 12, 2017 | Sold | ||
| Sold | |||
| Dec 2, 2016 | Listed by Keller Williams Realty | $145,314 | |
| Listed by Keller Williams Realty | |||
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Property is owned by Housing and Urban Development (HUD)251-335837 (UK). Uninsured . Eligible for FHA 203K loan or Cash. Property to be sold As-Is Condition. Neither owner not agent makes any warranties or representations. Buyer is responsible for smoke/carbon certs & Final Water Reading Single family Colonial 7 Room 4 Bed RM 2 Full Baths. Large lot with off street parking on a corner lot."Equal Housing Opportunity" HUD agent can submit offers on-line at HUD system. See firm remarks for web page address. HUD registered agents use your key and go directly. Non HUD agents must call for an appointment. Available 2/16/2017 to all bidders. Bids due daily by 11:59 CST then daily til sold.
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