3961 Nellie Street
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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Price Decreased |
$415,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Jul 28, 2024 | Listed by London Properties Ltd - Merced | $430,000 | |
| Listed by London Properties Ltd - Merced | |||
| | |||
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Charming 4 Bedroom, 2 Bath Home on ¼ Acre in Rural setting - Enjoy modern finishes and upgrades throughout the home, blending comfort with style. The ¼ acre lot offers plenty of room for farm animals, gardening, and outdoor activities. Lots of parking space available for multiple vehicles, RVs, or trailers. Close proximity to the highway ensures easy and quick commutes. Experience the tranquility of country living while still having access to essential amenities. This home is a perfect blend of modern convenience and rural charm. Don't miss out on this unique opportunity. Schedule a viewing today!
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| Oct 12, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017