5079 GRANNYS Place
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 |
|---|---|---|---|
| Feb 4, 2021 | Sold | ||
| Sold | |||
| Dec 23, 2020 | Listed by NON MLS (realMLS) | $325,000 | |
| Listed by NON MLS (realMLS) | |||
| Nov 5, 2019 | Listed by WATSON REALTY CORP | $349,000 | |
| Listed by WATSON REALTY CORP | |||
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Unique 40 acre homestead in McRae near Keystone Heights. Property has lots of features, which include pond, fenced pasture, planted pines, beautiful oaks. In addition there is an older barn (30 X 30) and home which are in need of TLC. Great investment property lends lots of potential opportunities to hunt, timber, harvest, possible subdividing into four 10 acre tracts. During buyers due diligence, an inquiry with Clay County as to whether or not an impact fee would be waived is advised. Pond on the property is shared with adjoining property owners.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017