9721 NOROAD
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 |
|---|---|---|---|
| Jun 13, 2022 | Sold | ||
| Sold | |||
| Nov 19, 2021 | Listed by JPAR CITY AND BEACH | $314,000 | |
| Listed by JPAR CITY AND BEACH | |||
| Oct 14, 2021 | Listed by JPAR CITY AND BEACH | $499,000 | |
| Listed by JPAR CITY AND BEACH | |||
| Jun 29, 2021 | Sold | ||
| Sold | |||
| Dec 18, 2014 | Listed by STANDARD GROUP LLC | $199,900 | |
| Listed by STANDARD GROUP LLC | |||
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Great opportunity to purchase a concrete block home sitting on nearly 5 acres! The property is extremely private and offers a buyer many options, including space for horses! The property is currently comprised of 1 single-family home (3/2 & 1,586 SF) and 4 single-wide units, all of which are leased and produce $33,000 annual income after expenses! Continue to lease the mobile homes OR get rid of the mobile homes and have a beautiful, private piece of property. This property is a must-see to appreciate.
For investment analysis, please see MLS Listing 744535 & Private Remarks.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017