6505 Shallowmar Lane
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 |
|---|---|---|---|
| Apr 27, 2024 | No longer available | - | |
| No longer available | |||
| Feb 23, 2024 | No longer available | - | |
| No longer available | |||
| Feb 21, 2024 | Listed by Red Pocket Realty LLC | $32,999 | |
| Listed by Red Pocket Realty LLC | |||
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This 0.41-acre lot could be the spot for your next dream home. Out of state investor. Buyer to verify lot dimensions, utilities, restrictions and feasibility before purchase. The address used in the listing may be a placeholder. A true address number will be issued at the time of development. EACH BUYER IS RESPONSIBLE FOR DOING YOUR OWN HOMEWORK ON ALL THE FACTS AND FIGURES ON VACANT LAND AND THE LISTING AGENT IS TO BE HELD HARMLESS OF ANY DEFICIENCIES OR MISREPRESENTATIONS. YOU WILL NEED TO CALL THE COUNTY FOR GUIDANCE. PLEASE BE SURE TO DO YOUR OWN HOMEWORK ON EACH LISTING AND MAKE SURE THE LAND SUITS YOUR NEEDS. THANKS!
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| Feb 9, 2024 | Listed by Southern Living Realty Partners | $34,999 | |
| Listed by Southern Living Realty Partners | |||
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This 0.41-acre lot could be the spot for your next dream home. Power and water are available. Out of state investor. Buyer to verify lot dimensions, utilities, restrictions and feasibility before purchase. The address used in the listing may be a placeholder. A true address number will be issued at the time of development. EACH BUYER IS RESPONSIBLE FOR DOING YOUR OWN HOMEWORK ON ALL THE FACTS AND FIGURES ON VACANT LAND AND THE LISTING AGENT IS TO BE HELD HARMLESS OF ANY DEFICIENCIES OR MISREPRESENTATIONS. YOU WILL NEED TO CALL THE COUNTY FOR GUIDANCE. PLEASE BE SURE TO DO YOUR OWN HOMEWORK ON EACH LISTING AND MAKE SURE THE LAND SUITS YOUR NEEDS. THANKS!
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| Jul 22, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017