8514 Avenue E 1/2
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 |
|---|---|---|---|
| Sep 19, 2023 | Sold | ||
| Sold | |||
| Jul 26, 2023 | Listed by RE/MAX Coastal | $325,000 | |
| Listed by RE/MAX Coastal | |||
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This cute, country home sits on 2.5acres located in the county of Santa Fe. Home features 3 bed/ 2 bath. New laminate flooring throughout. Matching smart/bluetooth appliances that stay with home. Double pane windows. 16x18 Well house with a 500 gallon insulated expansion tank for well with water softener and iron filter. New spare septic pump for aerobic system. Separate water heater for master bathroom. RV hook-ups. 20x40 barn. Pond is stocked with catfish and bass. White pipe fence on frontage road with 2 driveways and swing gates.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017