406 Sapelo 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 |
|---|---|---|---|
| Mar 25, 2015 | Sold | ||
| Sold | |||
| Sep 12, 2014 | Listed by WATSON REALTY CORP | $100,000 | |
| Listed by WATSON REALTY CORP | |||
| | |||
|
This home has been fully updated. New kitchen features new cabinets, granite counters, tile floors, and stainless appliances. Home is tile throughout main living spaces. New carpeting in bedrooms. 1 car garage. Large fenced yard on corner lot. New AC and recently replaced roof. Great layout in this 2 bedroom, 1 bath home. It will not last long.
| |||
| Jun 26, 2014 | Listed by KELLER WILLIAMS JACKSONVILLE | $109,900 | |
| Listed by KELLER WILLIAMS JACKSONVILLE | |||
| Apr 16, 2014 | Sold | ||
| Sold | |||
| Jan 20, 2014 | Listed by KELLER WILLIAMS JACKSONVILLE | $54,900 | |
| Listed by KELLER WILLIAMS JACKSONVILLE | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017