6930 Hwy 98
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 |
|---|---|---|---|
| Aug 14, 2019 | Sold | ||
| Sold | |||
| Apr 2, 2019 | Listed by 98 Real Estate Group, LLC | $199,000 | |
| Listed by 98 Real Estate Group, LLC | |||
| Oct 23, 2018 | No longer available | - | |
| No longer available | |||
| Sep 5, 2018 | Listed | $199,000 | |
| Listed | |||
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This is the best deal going by far for a true gulf view lot and is priced under recent sales. This lot is right across the street from the beach and will have protected views forever. This lot can only have homes built in the front diagonally to it and these two possible properties are already built so you can see the view now you'll have forever. This lot is priced $50,000 less than the closest comparable lot.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017