8519 MOUNT RAINER Drive
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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%.
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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 27, 2012 | Sold | ||
| Sold | |||
| Oct 10, 2012 | Listed by Doug Borrett Real Estate Co. | $65,000 | |
| Listed by Doug Borrett Real Estate Co. | |||
| Aug 3, 2005 | Sold | ||
| Sold | |||
| Jun 3, 2005 | Listed by Sandy Messer And Associates | $55,000 | |
| Listed by Sandy Messer And Associates | |||
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Very cute small property offering 3 bedrooms and 1 full bath. Total TLC. Designer colors through- out. Green back yard. Xeriscaped front yard. Easy access to Railroad Dr and Ft Bliss. Fridge and Washer convey. This is a real gem and won`t stay long on the market. Ideal for investor. Ready to move in. Verify schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017