Lot 6 Colonial
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 |
|---|---|---|---|
| Mar 1, 2024 | No longer available | - | |
| No longer available | |||
| Jun 13, 2023 | Listed by Gibson Realty Group, LLC | $50,000 | |
| Listed by Gibson Realty Group, LLC | |||
| | |||
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A large corner lot right down the street from The Cliffs waterfall pool, tennis courts, driving range, and restaurant! The size of this lot provides so much potential for your dream home! With no time limit to build and builder of your choice! Lot ownership in this incredible community includes access to all amenities such as an 18-hole Championship Golf Course, Hotel, Bar & Grille, The Cliffs Marina and Ship Store, playgrounds, tennis courts, spa & fitness center, 2 swimming pools and a conference center!
Buyer and Buyer's Agent should verify all information in this listing.
| |||
| Mar 21, 2023 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by Gibson Realty Group, LLC | $39,900 | |
| Listed by Gibson Realty Group, LLC | |||
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About Palo Pinto
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20056210
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017