6611 Longview 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 |
|---|---|---|---|
| Dec 1, 2024 | No longer available | - | |
| No longer available | |||
| Jun 17, 2024 | Listed by eXp Realty LLC | $98,500 | |
| Listed by eXp Realty LLC | |||
| | |||
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Unlock the potential of this remarkable 5000 square foot lot at 6611 Longview St. Endless opportunities await for the savvy investor or homeowner with a vision. With existing utilities, city water, and sewer connections in place, you're set for a smooth development process. Imagine crafting your dream home, a duplex for rental income, or even expanding the existing workshop. The canvas is blank, and the choice is yours. Located in a thriving community, this lot offers the perfect blend of urban living and development potential. Don't miss out on this chance to shape your vision into reality in this prime location.
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| Apr 2, 2024 | No longer available | - | |
| No longer available | |||
| Mar 9, 2024 | Price Decreased |
$99,450
↓ $113K
(53.1%) | |
| Price Decreased | |||
| Dec 29, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017