9123 MONETTE Road
About This Property
This property was acquired in a tax sale.
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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 |
|---|---|---|---|
| Nov 20, 2019 | Sold | ||
| Sold | |||
| Jul 6, 2017 | Listed by REALTY MASTERS, INC. | $44,900 | |
| Listed by REALTY MASTERS, INC. | |||
| | |||
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OWNER FINANCING available on this high and dry rectangular lot. No fill dirt needed. Zoned AGR. There is an old well and septic on the property. These are not warrantied and are as-is. Tax records indicates 2.60 acres as well as 2.26 GIS acres, so buyer should verify acreage with a survey.
Call for owner financing terms. Seller looking for 20% down with other terms negotiable. Owner is licensed Florida and North Carolina Broker.
| |||
| Nov 1, 2016 | Sold | ||
| Sold | |||
| Apr 16, 2015 | Listed by REALTY MASTERS, INC. | $29,900 | |
| Listed by REALTY MASTERS, INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017