6945 Monaghan Drive
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 29, 2023 | Sold | ||
| Sold | |||
| Oct 24, 2023 | Listed by Keller Williams Legacy | $67,000 | |
| Listed by Keller Williams Legacy | |||
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Looking for a weekend getaway but not wanting to break the bank? Located only 15 minutes from the town of Brownwood and 15 minutes to the public boat ramp at Lake Brownwood, this property might be the ticket. Check out this incredibly well-maintained, 36x16, 1 bedroom, 1 bath portable cabin with vinyl flooring throughout that sits on a cleared, newly grassed lot. Custom carpentry work inside done by the seller with butcher block countertops and island. The structure is connected to electricity and Brookesmith water. Plenty of parking here for your toys. Bring the boat and park it under the covered carport. The building has a 40 gallon, Rheem water heater and 18,000 BTU Mini-Split AC & Heater. Items that also convey include: all bedroom furniture, 46 inch ONN TV, 32 inch LG TV, Splendide washer & dryer, Frigidaire refrigerator, Frigidaire microwave, patio furniture AND an 8x12 storage building. This property can be an affordable way to enjoy Brown County and Lake Brownwood. Call now!
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| Dec 17, 2021 | Sold | ||
| Sold | |||
| Nov 20, 2021 | Listed by eXp Realty LLC | $9,500 | |
| Listed by eXp Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017