7655 COLLINS RIDGE Boulevard
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 |
|---|---|---|---|
| Jul 15, 2019 | Sold | ||
| Sold | |||
| Jan 14, 2019 | Listed by eXp REALTY LLC | $415,000 | |
| Listed by eXp REALTY LLC | |||
| Jun 17, 2016 | Listed by COLDWELL BANKER VANGUARD REALTY | $352,500 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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This is a unique property with a 5BR/3BA very well maintained home as well as a 1792 sf manufactured home in back. The florida room and pool were put in in 2005. There is also a detached garage which is 30'x40' as well as three carport spaces and covered space for RV/boat parking and storage. Besides being a lovely primary residence, this would be an ideal investment property with multiple options for potential income. The total parcel is 1.76 acres. Located in a quiet neighborhood and close to all amenities including the Oakleaf Town Center.
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| Aug 6, 2015 | Listed by BOARDWALK REALTY ASSOCIATES LLC | $270,500 | |
| Listed by BOARDWALK REALTY ASSOCIATES LLC | |||
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Great investment opportunity! Home is currently being rented out as an assisted living facility, for $1,700 a month with a 2 and a half year lease remaining.
This well maintained and very large home includes a 430 sq. ft. addition built in 2000, and a fenced in swimming pool. As well as, a 30 ft. by 40 ft. detached garage equipped with an air compressor. The car ports have 10 ft. extensions, with a RV hook up.
The seller is trying to sell the property combined with 7661 Collins Ridge Blvd. and is willing to give a significant discount if selling both homes together. Please inquire.
Truly a must see, this unique and awesome piece of land is located minutes away from the Oakleaf Town Center.
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| Jun 10, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017