479 Marino 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 |
|---|---|---|---|
| Mar 1, 2021 | Sold | ||
| Sold | |||
| Sep 23, 2020 | Listed by Coleman & Patterson, LLC | $299,900 | |
| Listed by Coleman & Patterson, LLC | |||
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5.9 Acres located just outside the Bryan city limits and less than 2 miles to Highway 6 and city conveniences. 3BR/2BA manufactured home with new flooring throughout. Currently used as a horse property and features 7 turnout paddocks with lean to sheds. Additional pasture for larger turnout. 130 x 270 ft panel fenced team roping arena. Barn kit and 1,000 ft of pipe will convey. Property offers tremendous upside potential as horse boarding/training facility, investment property or your personal residence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017