7485 RIGA HWY
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 |
|---|---|---|---|
| Feb 4, 2021 | Sold | ||
| Sold | |||
| Jan 11, 2021 | Listed by EXIT REALTY 1ST LLC | $31,500 | |
| Listed by EXIT REALTY 1ST LLC | |||
| Sep 3, 2020 | No longer available | - | |
| No longer available | |||
| Mar 7, 2020 | Listed by EXIT REALTY 1ST LLC | $39,900 | |
| Listed by EXIT REALTY 1ST LLC | |||
| Jul 30, 2017 | Listed | $45,000 | |
| Listed | |||
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Tiny House Living! Affordable and unique! Why rent when you can own? Located in the quaint town of Riga just minutes from Historic Blissfield Village with an easy commute to US23. This 1920’s property was has been remodeled into a cozy home in the last 10 years. Property also offers commercial potential. Call to schedule your showing!The manager has listed the unit size as 444 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017