599 Mulberry Street
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 |
|---|---|---|---|
| Oct 3, 2023 | Sold | ||
| Sold | |||
| Sep 12, 2022 | Listed by Full Stringer Realty | $269,900 | |
| Listed by Full Stringer Realty | |||
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Potential investment on one corner lot in Matagorda. Mature trees that provide a lot of shade and outdoor enjoyment. Home has potential to add your own personal touch with updates and renovation. Flooring will need repair. Large living room with spacious windows allowing natural light to flow in the home. New roof. Wood burning fireplace. Three bedrooms with three baths. Out buildings will need to be removed. Lot size 112 x 167. Once removed a barn could be built for the boat and golf cart! Great outdoor living space that could be improved upon or enhanced. Minutes from the harbor. Short drive to the beach. Enjoy all the amenities of beach and fishing and living in town close to shops and restaurants.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017