5010 County Road 48
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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 |
|---|---|---|---|
| Aug 3, 2021 | Sold | ||
| Sold | |||
| Feb 25, 2021 | Listed by Stride Real Estate, LLC | $799,900 | |
| Listed by Stride Real Estate, LLC | |||
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Nestled in a prime location with easy access to Hwy 288 and Hwy 6. With no restrictions, this property has high potential. This corner lot faces county road 48 & county road 58 and is located between the sought-out communities of Lakes of Savannah, Rodeo Palms, Newport & Pomona!
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Last Updated: 4 months ago
Data Source: HAR , MLS# 68855986
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017