7280 HIGHWAY 62 #2PARCELS
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 24, 2023 | No longer available | - | |
| No longer available | |||
| Jan 23, 2023 | Price Decreased |
$530,910
↓ $8K
(1.5%) | |
| Price Decreased | |||
| Apr 9, 2022 | Listed | $539,100 | |
| Listed | |||
| | |||
|
Dreamed of your own piece of paradise? This acreage has limitless possibilities. Have your own ranch, farm the land, build your own private lake, build your dream home, develop for investment. This large tract is minutes from Hwy 280(approximately 58.99 acres total) 2 parcels to be sold together(07-6-23-2-001-011.000 & 07-5-22-1-001-001.000 )… Call today for more information!
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| Mar 6, 2022 | No longer available | - | |
| No longer available | |||
| Sep 9, 2021 | Relisted | $539,100 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/09/2022
|
Loft
|
-
|
-
|
$539,100
Loft
-
|
-
-
|
Freda Williams
RE/MAX Advantage South
| |
|
03/04/2020
|
Loft
|
-
|
-
|
$599,000
Loft
-
|
-
-
|
Freda Williams
RE/MAX Advantage South
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017