LOTS 47-48 16th Street
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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 |
|---|---|---|---|
| Feb 10, 2025 | Listed by Gulf Coast, Realtors | $70,000 | |
| Listed by Gulf Coast, Realtors | |||
| Feb 1, 2025 | No longer available | - | |
| No longer available | |||
| Oct 1, 2024 | Price Decreased |
$70,000
↓ $2K
(2.8%) | |
| Price Decreased | |||
| Jun 27, 2024 | Listed by Gulf Coast, Realtors | $72,000 | |
| Listed by Gulf Coast, Realtors | |||
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2 LOTS ready for you to bring your RV, build a tiny home or a beach cottage located in Sunny San Leon. Just minutes from several local restaurants and boat ramps. If you're looking for more than one lot there are several next to this one available at this time. NO WATER, SEWER or ELECTRICITY has been installed. These lots have NO ELECTRICITY, WATER OR SEWER
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About San Leon
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Last Updated: 2 years ago
Data Source: HAR , MLS# 64177538
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Address: 335 Madison Avenue, New York, NY 10017