783 D Williams Road
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 |
|---|---|---|---|
| Jul 27, 2023 | Sold | ||
| Sold | |||
| Jul 7, 2023 | Listed by The Norton Agency | $45,000 | |
| Listed by The Norton Agency | |||
| | |||
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1.5 acre residential lot with approximately 381 feet of road frontage. Located close to Madison County line, Highway 441 and downtown Commerce. Zoned A-2. Manufactured homes allowed. Land previously had a mobile home on it...older well and septic are still in place. Public water available at street. **We currently have multiple offers. All offers will be reviewed the afternoon of Thursday, July 13th.
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| Jul 8, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2022 | Listed by The Norton Agency | $45,000 | |
| Listed by The Norton Agency | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017