80 Tobago Lane
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 |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Jul 10, 2023 | Listed by eXp Realty, LLC | $23,000 | |
| Listed by eXp Realty, LLC | |||
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Discover the perfect canvas for your future endeavors in the prestigious Magnolia Lake Estates. This impressive .11-acre property offers endless possibilities and is complemented by a convenient gravel driveway for easy access. Lake access, community center events, swimming pool and fishing piers available. With water and sewer connections already in place, all that remains is the electricity connection to bring this hidden gem to life. Embrace the opportunity to create your dream residence or venture in this sought-after community. Don't let this exceptional property slip away – seize it today and unlock the full potential of Magnolia Lake Estates.
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| Jun 29, 2022 | Sold | ||
| Sold | |||
| Feb 13, 2022 | Listed by Coldwell Banker Realty | $24,900 | |
| Listed by Coldwell Banker Realty | |||
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I Cleared Interior Lot with Electric already on property will need to do water and sewer tap if desired. You'll be just minutes from all the lake fun and amenities this Lake front Subdivision has to offer. The Camper can be purchased for an additional fee. Call today for your appointment to see this beautiful property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017