5809 Highway 6
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 |
|---|---|---|---|
| Jul 2, 2021 | Sold | ||
| Sold | |||
| Mar 8, 2021 | Listed by Texas Realty | $349,900 | |
| Listed by Texas Realty | |||
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PRICE REDUCTION! These sellers are MOTIVATED! Ten beautiful acres with a farmhouse dwelling that recently had new wiring and plumbing done. Huge shade trees and lush lawn not typically found in country living. Home is comfortable and pretty with fresh paint! Rooms are versatile and can be utilized as bedrooms, den, office rooms that can serve various purposes to accommodate any size family. In addition there is a cozy guest house steps from the main house! Perfect for multi generational living! Outbuildings in abundance for show animals of any kind. Outdoor kitchen and patio to make special memories with large gatherings.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017