627 Mitchell Road
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, 2021 | No longer available | - | |
| No longer available | |||
| Jun 8, 2020 | Sold | ||
| Sold | |||
| May 30, 2020 | In contract | - | |
| In contract | |||
| Mar 8, 2020 | Listed | $145,000 | |
| Listed | |||
| | |||
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This property offers the perfect getaway just outside Sherman on seven acres. It features both front and back porches with 4 bedrooms and 2 bathrooms. A gas log fireplace will make the perfect place to warm up on cold winter days with seven acres offering space to play on the hot summer days. Buyer to verify all information including the school district. The manager has listed the unit size as 2128 square feet.
| |||
| Feb 14, 2020 | Listed by TLF Properties, Inc. | $145,000 | |
| Listed by TLF Properties, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017