lot 469 Holly 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 |
|---|---|---|---|
| Oct 26, 2009 | Sold | ||
| Sold | |||
| Aug 21, 2009 | Listed by Molisse Realty Group | $200,000 | |
| Listed by Molisse Realty Group | |||
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AN AFFORDABLE PRICED HOUSE LOT...A CHANCE TO BUY AND BUILD...REASONABLY PRICED LOT IN WONDERFUL HOLLY HILL AREA ABUTTING NEIGHORHOOD OF ESTABLISHED HOMES AND NEW HOMES BEING BUILT. SEPTIC DESIGN IN HAND, ALL YOU NEED ARE YOUR HOUSE PLANS TO OBTAIN A BUILDING PERMIT.
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