421 6th 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 |
|---|---|---|---|
| Jan 22, 2024 | Sold | ||
| Sold | |||
| Dec 16, 2023 | In contract | - | |
| In contract | |||
| Aug 9, 2023 | Listed by Gulf Coast, Realtors | $169,999 | |
| Listed by Gulf Coast, Realtors | |||
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This is a well cared for manufactured home that sits on 4 lots just blocks from the bay. It is a 3 bedroom 2 bath with a split floor plan. lots of room for family and entertaining. Step out in the backyard to lots of shade and large yard for children to play and great for entertaining. Their is a small workshop as well.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017