950 Rene Lane
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 |
|---|---|---|---|
| Jul 8, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by Fathom Realty | $120,000 | |
| Listed by Fathom Realty | |||
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Don't miss this investment gem! Situated on an oversized lot just under 2 acres, this one-story estate sale property boasts custom oak kitchen cabinets and a new HVAC system waiting to be installed. Home renovations have been initiated, offering a blank canvas for your personal touch. Located on a quiet street in a desirable area with convenient access to I10, this property is approximately 10 minutes from Beaumont. A prime opportunity for the savvy investor or homeowner looking to create their dream oasis.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017