7697 NE Highway 41
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 |
|---|---|---|---|
| Nov 12, 2021 | Sold | ||
| Sold | |||
| Sep 8, 2021 | Listed by CB ISAAC REALTY | $75,000 | |
| Listed by CB ISAAC REALTY | |||
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Quaint 3 Bedroom, 2 Bath home located within minutes to both Archer and Williston. Home features a metal roof, brand new AC unit, new flooring and paint throughout, along with brand new appliances. As an added bonus, there is an unfinished covered deck off the back, that you can do with it, what you want.
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CB ISAAC REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# GC447841
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017