73 Canal 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 |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by Walzel Properties - Corporate Office | $55,000 | |
| Listed by Walzel Properties - Corporate Office | |||
| Oct 28, 2022 | Sold | ||
| Sold | |||
| Oct 4, 2022 | Listed by Morel Realty LLC | $40,000 | |
| Listed by Morel Realty LLC | |||
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5 Acres in the floodplain. Two sheds that function roughly approximately 10'x20' 200' concrete cement driveway
40' x 60' concrete cement pad where home was. Cable Fenced in front of the property with entry gate able to be locked. Permitted meter loop with electrical outlets for camper 220 and 110.
Mostly cleared with St. Augustine grass, Crapemerdals following driveway with dozens of large 50' pecan trees and other hard oaks throughout the property,
1 mile to the private boat ramp, Near the Trinity River best fishing there, is for White Bass and Catfish,
Plentiful large deer, Conventional septic which hasn't been used in 10 years
Water Well which isn't in service needs a look at but was in working condition 10 years ago
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017