7699 SE Fork River Drive
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 |
|---|---|---|---|
| Aug 5, 2020 | Sold | ||
| Sold | |||
| Dec 18, 2017 | Sold | ||
| Sold | |||
| Oct 19, 2017 | Listed by Coldwell Banker Real Estate | $39,900 | |
| Listed by Coldwell Banker Real Estate | |||
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AFFORDABLE WATERFRONT LOT WITH CONCRETE SEAWALL AND RIVER ACCESS TO THE OCEAN WITH FIXED BRIDGES. PREVIOUS RESIDENCE ON PROPERTY DEEMS NEW BUYER EXEMPT FROM PAYING MARTIN COUNTY'S IMPACT FEE. ACCORDING TO MARTIN COUNTY'S GROWTH MANAGEMENT, THIS LOT PERMITS A SINGLE-FAMILY DETACHED HOME (IF HOMESTEADED), MODULAR HOME OR MOBILE HOME. NO HOA. SEE ATTACHMENT.
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| Oct 20, 2016 | Sold | ||
| Sold | |||
| May 20, 2016 | Listed by Coldwell Banker Real Estate | $56,000 | |
| Listed by Coldwell Banker Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017