7311 MYSTERY RIDGE DR
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 22, 2024 | Listed by Premier Realty Group Platinum | $195,000 | |
| Listed by Premier Realty Group Platinum | |||
| | |||
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This 3 bedroom 2 full bath home sits on a quiet cul-de-sac in the Converse community. Seller is willing to give buyers $10,000 in concessions. Cheapest priced home in the subdivision and the only one under $200,000. Perfect home for first time homebuyer or investor.
| |||
| Sep 17, 2007 | Sold | ||
| Sold | |||
| Jul 22, 2007 | Listed by Udo & Company | $119,900 | |
| Listed by Udo & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017