48111 De Luz 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 18, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $450,000 | |
| Listed | |||
| | |||
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DEVELOPER OPPORTUNITY! CALLING ALL INVESTORS AND CONTRACTORS! Project is mid construction and looking for a takeover to completion. ARV is 850k once completed. County approved changed plans. Utilities paid for, Well Installed, Septic Installed, Fire tank installed. This project is ready for someone to take it to completion. All plans and permits are active and ready to go. Plans are for a 4 bedroom 3 1/2 bath home 3,382 sqft. The 2 car garage is already finaled with a 1/2 bath perfect for car enthusiasts or workshop. Property has subdivision potential and ready for the right team to get it to the finish line! The manager has listed the unit size as 3282 square feet.
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| Jul 19, 2019 | Listed by RE/MAX Liberty | $399,999 | |
| Listed by RE/MAX Liberty | |||
| Oct 5, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017