4869 COUNTY ROAD 218
About This Property
Large country home on 2.27 acres, additional 1.8 acres in front is included in price- Parcel number 5000300, Home needs a lot of work, roof, electrical updating, ac was installed in 2014 but all rooms are not ducted, attached 2 car garage is included in total square feet and is heated and cooled, front glass room is included in square feet and is heated and cooled, detached 1.5 car garage.
CASH or RENOVATION loan, seller will do no repairs, please do not disturb tenants.
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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 |
|---|---|---|---|
| Nov 20, 2019 | Sold | ||
| Sold | |||
| Aug 3, 2019 | Listed by FLORIDA HOMES REALTY & MTG LLC | $145,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017