611 9th 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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Listed by The Nguyens & Associates | $249,900 | |
| Listed by The Nguyens & Associates | |||
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2400 sq ft METAL building with high ceiling and insulation. TALL enough to be able to add living space on a 2nd floor (if wanted) and have a garage/ entertaining area underneath. There are 2 RV Pads for extra income. Close to the Beach, Super Market, and Restaurant. Perfect for Auto Repair, Warehouse, Storage......Wont last long with this price.
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| Feb 26, 2021 | Sold | ||
| Sold | |||
| Sep 23, 2020 | Listed by Gulf Coast, Realtors | $175,000 | |
| Listed by Gulf Coast, Realtors | |||
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These three lots located in Sunny San Leon has a large warehouse on them along with a rv hookup. The warehouse is 2400 sq ft tall and tall enough to be able to add living space on a 2nd floor (if wanted) and have a garage/ entertaining area underneath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017