665 Nickerson Avenue
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 27, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2024 | In contract | - | |
| In contract | |||
| Nov 26, 2024 | Listed by Cressy & Everett Real Estate | $245,000 | |
| Listed by Cressy & Everett Real Estate | |||
| Sep 18, 2024 | Listed by Cressy & Everett Real Estate | $235,000 | |
| Listed by Cressy & Everett Real Estate | |||
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Take a look at this one of a kind property within Benton Township! Property has huge potential to be developed subject to Benton Township zoning approval.
Property uniquely offers 17.83 acres within Benton Township, Benton Harbor Schools. Massive road frontage: 556.6 feet on Nickerson Ave, 1629 feet on Union Street and 495.1 feet on Starlite Drive.
Home features four bedrooms, one bath and has unique character throughout.
2 outbuildings on property including a barn with loft area. Take a look and imagine the immense potential of this property!
Property being sold as-is.
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| Sep 3, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017