85057 DELEENE Road
About This Property
currently has a septic, well and light pole. Each of these items were in use as of Oct 2020, however they are not warranted by the
seller. There is a lot of debris that is still located on the land. You cannot see all the debris in the photo, please visit the property
to view. These items were removed out of the previous mobile home that was once located on the subject property. The seller is
offering a $2500 incentive with an agreed upon purchase price at the close of the subject property to remove the debris.
Multiple offers in place....Seller is requesting highest and best by 5:00 p.m. on 10/23/2020
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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 |
|---|---|---|---|
| Nov 19, 2020 | Sold | ||
| Sold | |||
| Oct 19, 2020 | Listed by PALM III REALTY AND PROPERTY M | $75,000 | |
| Listed by PALM III REALTY AND PROPERTY M | |||
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About Yulee
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Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1079186
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017