9750 IVEY Road
About This Property
LOVINGLY MAINTAINED 3 bedrooms, 1 bathroom home within a short drive to shopping, hospitals, work! Enjoy the spacious detached garage space for all those projects and then relax on your large screened patio overlooking the the expansive and fenced yard with loads of potential. Step inside this wonderful home with a family room, kitchen, flex space and dining room. Energy features include a gas stove and gas water heater. A great opportunity to add your personal touches to a solid home. The septic system and drain lines were replaced in 2021, the HVAC in 2020, gas water heater 2018, and roof 2014. Sold AS IS.
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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 |
|---|---|---|---|
| Oct 10, 2022 | Sold | ||
| Sold | |||
| Jul 2, 2022 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $244,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017