13
Map
4990 Dixie Way
About This Property
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Cap Rate Calculator
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 22, 2025 | Price Increased |
$529,000
↑ $29K
(5.8%) | |
| Price Increased | |||
| Mar 21, 2025 | Listed | $500,000 | |
| Listed | |||
| | |||
|
Investor Alert! Great potential in this solid concrete home, surrounded by $700k-$1M properties! Sale includes engineered blueprints for expansion. It will feature a 3-bed, 2-bath layout with a 2-car garage and porches, totaling 3621sqft. There is a stairwell that leads to the roof, offering option for an additional story. A private well is in front, with a septic tank to the northwest. The property also has hurricane-rated windows, a wide driveway, a new transformer, and a retention pond (cost $20k). The 2.5-acre land provides plenty of space for horses. Don't miss this opportunity!
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| Jan 2, 2019 | Sold | ||
| Sold | |||
| Nov 7, 2018 | Listed by Noble & Co. R.E. Professionals | $170,000 | |
| Listed by Noble & Co. R.E. Professionals | |||
| Nov 7, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017