8801 Nc-157
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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by Image Realty Group, LLC | $425,000 | |
| Listed by Image Realty Group, LLC | |||
| Jan 3, 2022 | Sold | ||
| Sold | |||
| Dec 4, 2021 | Listed by EXP Realty LLC | $275,000 | |
| Listed by EXP Realty LLC | |||
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5+ acres loved by the owners since 2012 but not so much by the 2 year tenants after they moved to the NC mountains. the home is priced & showing w/out being model home ready or w/upgrades. Potential downstairs master w/walk in closet and luxury bath plus 3 bedrooms upstairs. Goats, chickens, ducks, guinea fowl, peacocks, turkeys all lived in covered areas on the property. The barn w/a little vision can be converted into a studio, workshop or office. Electric run to the main barn. Make it yours.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017