514 Robbins Street
About This Property
Located at the end of a dead end street in the heart of the Quitman downtown area. This country style home features a new roof 5 years ago, 2 bedrooms, 1 bathroom on 1.661 acres with an L shaped wrap-around front porch that measures 7' x 20' on the front and 7' x 15' along the side, a small back deck perfect for you BBQ grill, a 12' x 14' enclosed screened back porch, built-in bookshelves in formal dining room, built in cabinets in the breakfast room and a nice storage area with built-in shelving. There is a 36' x 30' metal carport that will hold up to 4 vehicles and or your boat and toys, plus a 10' x 20' metal storage shed. Property has lots of mature trees and a beautiful back yard and backs up to wooded acreage behind the house, with no neighbors. Property is just a short walk to downtown Quitman with restaurants and shopping. Property and home should pass FHA or VA with no issues! Buyer to verify any and all information.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by Century 21 Lake Country | $159,900 | |
| Listed by Century 21 Lake Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017