724 Nelson Hill 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%.
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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 27, 2018 | Sold | ||
| Sold | |||
| Apr 25, 2018 | Listed by Century 21 Farm & Forest | $50,000 | |
| Listed by Century 21 Farm & Forest | |||
| Sep 2, 2017 | Listed | $75,000 | |
| Listed | |||
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Not far from Derby village sits this 2-bedroom mobile home with additions. Overall in good condition it offers vinyl thermo windows, carpet & linoleum flooring, propane direct vent heating along with refrigerator, washer, dryer & window a/c unit. Nice 1-acre lot with a big landscaped yard. Not a half-mile to Derby Pond access, convenient to all local amenities. Contact Peter Lanoue at Century 21 Farm & Forest. The manager has listed the unit size as 1100 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017