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818 MARION OAKS MANOR
About This Property
This is a pre-foreclosure short sale subject to lienholder approval. Please note that response times on submitted offers typically range from 90 to 120 days. Seller is accepting cash and conventional financing only at this time.
This 2007-built concrete block and stucco home offers 1,325 square feet of living space with a functional layout featuring 3 bedrooms plus a den, 2 full bathrooms, a 2-car garage, living room, and dining room. The home is in need of some TLC, presenting a great opportunity for investors or buyers looking to add their personal touch and build equity.
Conveniently located close to schools, restaurants, and everyday amenities - the bones are solid and the potential is there for the right buyer.
All offers must comply with short sale offer instructions. Please see agent remarks for full submission requirements.
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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, 2026 | Listed by KELLER WILLIAMS CORNERSTONE RE | $250,000 | |
| Listed by KELLER WILLIAMS CORNERSTONE RE | |||
| Jul 27, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by KELLER WILLIAMS CORNERSTONE RE | $295,000 | |
| Listed by KELLER WILLIAMS CORNERSTONE RE | |||
| Nov 12, 2019 | Sold | ||
| Sold | |||
| Apr 9, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017