509 Geiger Road
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 |
|---|---|---|---|
| Aug 15, 2023 | Sold | ||
| Sold | |||
| May 27, 2023 | Listed by Keller Williams Lanier Partners | $279,000 | |
| Listed by Keller Williams Lanier Partners | |||
| | |||
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Four bedroom two bath ranch on a great level lot. Home is in a prime location in Jackson County. New HVAC and hot water heater. Front porch has been redone and is a wonderful spot for enjoying the day. Home could use a little work but is livable and is priced accordingly for the work needed. The property has tons of potential.
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| Feb 27, 2023 | No longer available | - | |
| No longer available | |||
| Nov 29, 2022 | In contract | - | |
| In contract | |||
| Nov 17, 2022 | Listed by Keller Williams Lanier Partner | $245,000 | |
| Listed by Keller Williams Lanier Partner | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017