7012 W Hells Gate Drive
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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 10, 2021 | Sold | ||
| Sold | |||
| Oct 10, 2021 | Listed by The Property Shop | $69,999 | |
| Listed by The Property Shop | |||
| Mar 3, 2021 | No longer available | - | |
| No longer available | |||
| Aug 2, 2020 | Listed | $65,000 | |
| Listed | |||
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three lots platted into one lot for 2.51 acres. The tract has been cleared of brush. The property slopes up in elevation to enhance your view. Views of Hell's Gate Cove. Water & Sewer and electricity right at the road. Build your lake dream house here. Priced to move quickly.
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About Palo Pinto
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14688037
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017