614 Margie 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 6, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | Listed by RE/MAX Cinco Ranch | $189,900 | |
| Listed by RE/MAX Cinco Ranch | |||
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Wow, excellent starter home or investment property, ready for quick move-in!!!! ** Escape from the ordinary in this fantastic 2-bedroom home, in almost like new condition, located in Wallis. Built in 2011 per the seller on a nicely shaded size 12,000 + sqft/lot * The family room is great for relaxing or having friends over * The dining area is big enough for entertaining * Great kitchen provides enough storage space, breakfast bar, pantry, counter space, electric range + more ** Both bedrooms have ceiling fans and offer plenty of privacy * Hallway bathroom has walk-in shower with grab bar holders and a nice vanity area * Indoor utility off hallway made for full size washer & dryer * Central a/c & heat * double pane windows * Also, "no carpet" tile or laminate flooring throughout * Want a nice garage, check out this 2 car detached garage with extra storage or small work shop space * It's the perfect home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017