8991 Third Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 28, 2020 | Sold | ||
| Sold | |||
| Jul 29, 2020 | Listed by RE/MAX Harbor Country @ New Buffalo | $72,500 | |
| Listed by RE/MAX Harbor Country @ New Buffalo | |||
| Nov 12, 2019 | Sold | ||
| Sold | |||
| Oct 17, 2019 | Listed by ERA Reardon Realty | $54,900 | |
| Listed by ERA Reardon Realty | |||
| | |||
|
There is a lot of value here! You won't want to miss this opportunity! Home has 2 bedrooms, 1 full baths, 1 additional room upstairs, with a spacious open floor plan, tall ceilings, & more! This house needs a little work, but the price is right! Beautiful large lot, in a neighborhood of well cared-for homes! Just a couple blocks from town. If you can repair a house, this is an excellent opportunity. Offered strictly ''As Is''.
| |||
| Mar 12, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017