621 Cedar Run Dock Road
About This Property
HUD Home. Equal Housing Opportunity. Sold ''AS IS'' by elec. bid only. Prop avail 09-19-19. Bids due by 09-28-19 11:59 PM Central Time then daily until sold. FHA Case #351-642103. Insured w Escrow Rpr. Eligible for FHA 203K. Cash, Conventional, FHA. No repairs allowed until after closing. Buyer to verify all info. Repairs: HVAC missing components. Plumbing system missing components. Missing and damaged flooring. Missing interior door. Damaged window.
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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%.
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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 |
|---|---|---|---|
| Dec 19, 2019 | Sold | ||
| Sold | |||
| Sep 20, 2019 | Listed by Williamson Realtors | $160,000 | |
| Listed by Williamson Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017