8651 FORT CAROLINE Road
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 |
|---|---|---|---|
| May 7, 2024 | Sold | ||
| Sold | |||
| Apr 27, 2023 | Listed by REAL BROKER LLC | $1,299,000 | |
| Listed by REAL BROKER LLC | |||
| Feb 22, 2016 | Sold | ||
| Sold | |||
| May 14, 2012 | Listed by CALMAC REALTY | $672,000 | |
| Listed by CALMAC REALTY | |||
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THIS IS A RIVER FRONT PROPERTY. THERE IS A VERY OLD HOME ON THE PROPERTY THAT IS RENTED. THE HOME HAS NO VALUE. THE PROPERTY HAS BEEN REZONED FOR A SUBDIVISION. THE BUYER WILL NEED TO REAPPLY FOR THE PERMITS. THE DOCK PERMIT HAS BEEN APPLIED FOR AND IS ON HOLD. THE TAX ROLLS SHOW 4.38 ACRES . THE OWNERS RECORDS SHOW 4.6 AND 4.85 ACRES. EXACT ACREAGE IS TO BE DETERMINED. REFER TO MLS NUMBER 626698. OWNER FINANCING WILL BE CONSIDERED.
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| Jul 20, 2009 | Listed by ALL REAL ESTATE OPTIONS, | $649,000 | |
| Listed by ALL REAL ESTATE OPTIONS, | |||
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HUGE price reduction!!Beautiful and versatile! Great canopy of giant oaks. This 4.85 acre parcel could be used for a one-of-a-kind riverfront estate, divided into two smaller estate parcels, or as a 13 lot community with 2 riverfront lots. Engineering and permitting already in place.
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Property Highlights
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Price/ft²
Listed On
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017