7164 State Highway 56
About This Property
Nice setting with mature trees and convenient location not far from Sherman or Bells.
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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 |
|---|---|---|---|
| May 20, 2021 | Sold | ||
| Sold | |||
| Apr 14, 2021 | Listed by Frontier Properties | $120,000 | |
| Listed by Frontier Properties | |||
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Here is a great fixer opportunity with a wonderful hilltop view. Three bedroom two bath home on 2.5 acres in need of repairs. Detached two car garage with a second story that could be finished for additional living space.
Nice setting with mature trees and convenient location not far from Sherman or Bells.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017