580 Concho
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 |
|---|---|---|---|
| Sep 6, 2023 | Sold | ||
| Sold | |||
| Aug 1, 2023 | Listed by Real | $28,000 | |
| Listed by Real | |||
| Jul 16, 2022 | No longer available | - | |
| No longer available | |||
| May 5, 2022 | Price Decreased |
$35,000
↓ $8K
(17.7%) | |
| Price Decreased | |||
| Jan 22, 2022 | Listed by Promised Land Group, LLC | $42,500 | |
| Listed by Promised Land Group, LLC | |||
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2 Nice Lots that Equal 104x79 in size. Water, Sewer, and Electric are in Place. Buyer to Pay for Survey and Title Insurance if Needed. Holiday Village Does Allow Full Time RV Living, Short and Long Term Rentals. Modular and Mobile Homes must be under 5 years of age to be allowed to move onto the property. Mandatory HOA is $47.50 a month. Well Water Filtration Facility and Sewer are $65 Each to Use a month. High Speed Internet is Available. Bring your Golf Cart, ATV, Boat, and Fishing Pole! Community Benefits Include Common Fishing Piers, Boat Ramps, Clubhouse with Diner, Pool, Playgrounds, Putt Putt Golf, Basketball Court, and Picnic Areas. Monthly Potluck, Bingo, Karaoke and Dances with Live Bands. Please see attached document for List of Utility Phone Numbers and Restrictions.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017