808 W 3RD Street
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 14, 2022 | Sold | ||
| Sold | |||
| Jul 27, 2022 | Listed by MOMENTUM REALTY | $249,999 | |
| Listed by MOMENTUM REALTY | |||
| | |||
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Charmingly remodeled 2 bedroom 1 bath concrete block home with carport and detached storage area. New septic (sewer hookup available this year, paid for by city) new roof, new pex pipe plumbing throughout, updated electrical, remodeled from floor to ceiling. Current tenant lease expires 10/31/22, but he is looking to extend. Lease is $1450/month and always on time.
SELLER IS LICENSED FL. REALTOR
| |||
| Jun 14, 2022 | Listed by FLORIDA HOMES REALTY & MTG LLC | $269,900 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Oct 11, 2021 | Sold | ||
| Sold | |||
| Jul 30, 2021 | Listed by FLORIDA HOMES REALTY & MTG LLC | $110,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017