8726 Old County Drive #16
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 |
|---|---|---|---|
| Dec 9, 2017 | Sold | ||
| Sold | |||
| Sep 5, 2017 | Listed by Home Pros Real Estate Group | $182,499 | |
| Listed by Home Pros Real Estate Group | |||
| May 26, 2016 | Sold | ||
| Sold | |||
| Mar 8, 2016 | Listed by V Realty | $129,990 | |
| Listed by V Realty | |||
| | |||
|
INCREDIBLE BUY for the PRICE.. Property is currently leased out and producing just over $34,500 per year of gross rents! The property has 6 individual apartments, most are 2 bedroom and 1 bath . The lot has a lot of room for growth. The location is only 1 block away from Ysleta high school and the busy commerical street of Alameda.. Just a heck of a buy! Seller Financing available with 20% down at 12% Interest.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/22/2022
| |
Studio
|
-
|
-
|
$332,488
Studio
-
|
$340,000
+2.26%
03/01/2023
|
Leslie Ann Driggers Hoard
Century 21 APD & Associates
|
|
09/05/2017
|
Studio
|
-
|
-
|
$182,499
Studio
-
|
$190,000
+4.11%
12/09/2017
|
Jorge Gomez
Ultra Real Estate Services
| |
|
03/08/2016
|
Studio
|
-
|
-
|
$129,990
Studio
-
|
$120,000
-7.69%
05/26/2016
|
George Van
V Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017