9517 2nd Avenue
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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 12, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by Mark Spain Real Estate | $180,000 | |
| Listed by Mark Spain Real Estate | |||
| Nov 9, 2021 | Sold | ||
| Sold | |||
| Oct 15, 2021 | Listed by EXP REALTY LLC | $145,000 | |
| Listed by EXP REALTY LLC | |||
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CALLING ALL INVESTORS!! This post war 1948 home is loaded with potential and waiting for your personal touch! The home is a perfect fixer upper opportunity for an investor to either turn into rental property, or flip for a cash profit. Close to the Orlando Airport, and located a short distance from both Orlando, and Kissimmee, this locations future is promising. With new construction homes being built around the property, it’s bound to be an up and coming area in years to come. Come check it out today & see the potential for yourself!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017