7005 Elrod Road
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 |
|---|---|---|---|
| Sep 29, 2022 | Sold | ||
| Sold | |||
| Jan 12, 2022 | Listed by Qaice LLC | $16,900 | |
| Listed by Qaice LLC | |||
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Build your dream home in the Florida Riviera. Close to everything, schools, church, shopping, beaches, the river and I 10. Wooded, approximately .18 acre lot. Easy access to Pensacolla, boat launches, parks, schools, churches, shopping, restaurants, and Bagdad, FL. For most detailed information please go to the property appraiser’s website Folio ID: 36-2N-28-0000-00501-0000. Sold free and clear. Standard vacant land contract. Seller financing an option.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017