5505 12th Street
About This Property
2 Parcels totaling 19.86 acres directly off 58th Avenue & 12th street, 1 minute drive to Home Depot/Walmart/Target
Owner/User Farm Development with existing 4K sqft residence and 7K sqft of warehouse.
(Sizes are Approx)
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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 |
|---|---|---|---|
| Dec 17, 2024 | No longer available | - | |
| No longer available | |||
| Jun 16, 2024 | Listed by Florida Statewide Realty, LLC | $2,500,000 | |
| Listed by Florida Statewide Realty, LLC | |||
| Sep 6, 2022 | No longer available | - | |
| No longer available | |||
| Aug 8, 2022 | Sold | ||
| Sold | |||
| Jun 3, 2022 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017