9303 COMMONWEALTH Avenue
About This Property
A/C is only a year new, some tile has already been installed and much of the home features hard wood flooring. The cement pool is water tight and the pump works (it does need maintenance).
The 1363 square foot utility building could be converted to an in law suite or rental property. The lot also features a 1320 sq foot hay shed that could be restored for multiple uses. Pond needs clearing.
Some termite damage to main house will need to be addressed. Sold ''as is'' CASH only.
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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 |
|---|---|---|---|
| Apr 26, 2019 | Sold | ||
| Sold | |||
| Feb 27, 2019 | Listed by WATSON REALTY CORP | $115,000 | |
| Listed by WATSON REALTY CORP | |||
| Apr 1, 2017 | Sold | ||
| Sold | |||
| Jan 28, 2016 | Sold | ||
| Sold | |||
| Aug 18, 2015 | Listed by ALL AMERICAN PROPERTIES INC. | $44,000 | |
| Listed by ALL AMERICAN PROPERTIES INC. | |||
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Country living close to the big city! 2 bedroom, 2 and 1/2 bath home on 3.73 acres is far enough from the big city for the quiet life but close enough for easy commutes to downtown or NAS Jax. AGENTS SEE PRIVATE REMARKS FOR OFFER SUBMISSION DETAILS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017