5337 Old River 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 2, 2021 | Sold | ||
| Sold | |||
| Jul 20, 2021 | No longer available | - | |
| No longer available | |||
| Jul 3, 2021 | Listed by RE/MAX Agency One | $149,900 | |
| Listed by RE/MAX Agency One | |||
| Nov 8, 2017 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed | $75,000 | |
| Listed | |||
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Looking for a great fixer upper, or a perfect investment property, look no further! The 1164 sq foot home located on 2 acres with a pond is perfect for you. Located only 3/4 of a mile up Old River Rd leaves you with easy access to Crestview, and Inner state access, making for quick travel to Pensacola. The home will need some work, but could be a wonderful home with some time and effort. The pond is a beautiful focal point for the property that will not disappoint. It makes for a perfect place to enjoy a relaxing evening. There is a shed on property, and will be cleaned out before the seller moves out. Property is being sold As-Is. Call for your showing today.The manager has listed the unit size as 1164 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017