506 Apollo Road
About This Property
Calling all investors and Fixer Upper's - This investor-friendly 3-bedroom, 2.5-bathroom home has a large front yard with matured trees in an established neighborhood. The home is near the bus line, local stores and schools, and is easily accessible from 75.
The home is being sold in AS-IS condition, no survey. Complete Inspection cannot be performed because water cannot be turned on.
Special Provisions: Closing is subject to Court approval, as well as all the appropriate broker and representation information to constitute a legal and valid contract.
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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 30, 2021 | Sold | ||
| Sold | |||
| Oct 22, 2021 | Listed by BHHS A Action REALTORS | $367,500 | |
| Listed by BHHS A Action REALTORS | |||
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Beautiful renovated 4 bed 3 bath open concept home w double driveway. Renovation includes: bathrooms, totally renovated kitchen w new cabinets, Quartz countertops, Stainless Steel Appliances, new lighting, new panel breaker box, new HVAC system, new roof shingles, refurbished hardwood floors, new lush landscaped front yard w S. Augustine grass & much more.The backyard is secluded & a great place to relax. Property is located within walking distance to highly rated Terrace Elementary, China Town & Terrace Park that offers Picnic & playground equipment, shelter, swimming pool, baby pool, one lighted baseball field, small backstops, one athletic field, and two lighted tennis courts
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| Jun 29, 2021 | Sold | ||
| Sold | |||
| Feb 12, 2021 | Listed by Call It Closed Realty | $225,000 | |
| Listed by Call It Closed Realty | |||
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ALL OFFERS DUE SATURDAY, JUNE 5TH, AT 5:00 pm.
Calling all investors and Fixer Upper's - This investor-friendly 3-bedroom, 2.5-bathroom home has a large front yard with matured trees in an established neighborhood. The home is near the bus line, local stores and schools, and is easily accessible from 75.
The home is being sold in AS-IS condition, no survey. Complete Inspection cannot be performed because water cannot be turned on.
Special Provisions: Closing is subject to Court approval, as well as all the appropriate broker and representation information to constitute a legal and valid contract.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017