37981 Solwood Road
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 28, 2022 | No longer available | - | |
| No longer available | |||
| Nov 15, 2022 | In contract | - | |
| In contract | |||
| Oct 14, 2022 | Listed by Keller Williams Realty | $470,000 | |
| Listed by Keller Williams Realty | |||
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Looking for space with amazing views? This fantastic four bedroom, two bath manufactured home is stunning. With 9.9 acres of usable land this property will allow you to store your toys, work vehicles, or just provide you with the space you desire. With plenty of room to add additional structures, the upside of this property is limitless. The exterior has been recently painted, with new stairs, railings and deck added in 2022. The inside boasts a vaulted ceiling, fireplace, spacious bedrooms, and split system heating and air for comfort. Just added in 2022: laminate wood & carpet flooring, kitchen counters, over range microwave & upgraded bathrooms. Property is on well with a 10,000 gallon storage tank, electric from SDGE & Propane. The manager has listed the unit size as 1866 square feet.
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| Jul 22, 2013 | Sold | ||
| Sold | |||
| May 1, 2013 | Listed by Allison James Estates & Homes | $150,000 | |
| Listed by Allison James Estates & Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017