Lot 47 Inwood Place
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 |
|---|---|---|---|
| Jul 3, 2014 | Sold | ||
| Sold | |||
| Sep 9, 2004 | Sold | ||
| Sold | |||
| Aug 23, 2004 | Listed by RE/MAX Teamwork Realty | $35,000 | |
| Listed by RE/MAX Teamwork Realty | |||
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CALLING ALL BUILDERS TO THIS CORNER LOT THAT IS FLAT AS A PANCAKE! THIS LAND IS CENTRALLY LOCATED, WITH GREEN GRASS, THAT'S MOWED EVERY WEEK. ALL UTILITIES ARE AT THE STREET. STILL PLENTY OF TIME TO DIG AND LAY THE FOUNDATION. HURRY...IT WON'T LAST!!!
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