502 Big Rock
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 |
|---|---|---|---|
| Apr 27, 2021 | Sold | ||
| Sold | |||
| Feb 5, 2021 | Listed by Coldwell Banker Anderson Realt | $139,000 | |
| Listed by Coldwell Banker Anderson Realt | |||
| | |||
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Great investment property! So many options! This is a unique property, so versatile! There are two site built tiny homes each on it's own lot. Home A has a storage bldg, central heat and air, includes W & D hook ups in the bathroom. Living and kitchen area combined, One bedroom and bath with a nice size closet! Home B is basically the same, however there have been updates, super cute! Nice back yard! Location, Location! These homes are in old town Canton. Very near 1st Monday Trade Days. I'm thinking B&B! Also perfect for homeowner to live in one and rent the other. Maybe a Mother n laws and sibling? Get a return on your investment. Canton ISD. Come take a look!
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| Nov 4, 2019 | No longer available | - | |
| No longer available | |||
| Sep 19, 2019 | Price Increased |
$119,000
↑ $4K
(3.5%) | |
| Price Increased | |||
| Jun 18, 2019 | Price Decreased |
$115,000
↓ $4K
(3.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017