8702 Billingsley Street
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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| May 9, 2023 | Listed by Mega Realty | $155,000 | |
| Listed by Mega Realty | |||
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Welcome to 8702 Billingsley in Jones Creek. This 1697 sq. ft. home is quite unique. This home offers a 1657 sq. ft. 4 car garage. It has 4 garage doors each one opens up to an Open space for easy access. There is a door that opens to the side of the property once you enter the front door into the home. The FOUR Bedroom home sits above the FOUR car garage. You will take the stairs to the second level where you will be greeted by a Open concept Living space with Kitchen Open to the Living Room. The Hallway will lead you to the Main Bathroom that offers plenty of move- around space. The Four Bedrooms are very spacious as well. You have two bedrooms to the right and two bedrooms to the left of the Hallway. The Kitchen is all electric. The property sits on ALMOST an ACRE Lot. .86 of cleared land. There is acreage to the right of the property and to the back of the property. Property will go Conventional or Cash.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017