4618 Mustang 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 |
|---|---|---|---|
| May 12, 2021 | Sold | ||
| Sold | |||
| Jan 7, 2021 | Listed by Realty Associates | $375,000 | |
| Listed by Realty Associates | |||
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LOCATION, LOCATION, LOCATION!!! This is the PERFECT blend of country living surrounded by city life. This GORGEOUS property is in a quiet country neighborhood in Manvel, surrounded by wonderful neighbors and well maintained homes. Property is just minutes from the main roads, EASY FREEWAY ACCESS, and CLOSE to SHOPPING!! It's the BEST of both worlds!!!! Charming four bedroom, two bathroom Tudor style home with PLENTY of space. Bedrooms, bathrooms, and living spaces are GENEROUSLY sized! ENTIRE property is FENCED both around the main yard, AND the back acreage!! It even has a GUEST HOUSE that could be converted into additional square footage for living, a mother-in-law space, or an income producing rental property!! Four-stall barn in the backyard complete with tack room and additional storage shed. The back acreage is mostly cleared grassland with GORGEOUS shade trees in ideal locations. This TRULY is country living at it's BEST!! Don't miss this one, call to see it TODAY!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017