9
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987-989 Sable Circle SE
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 3, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Price Decreased |
$45,000
↓ $45K
(50%) | |
| Price Decreased | |||
| Apr 25, 2024 | Listed by M. David Moallem, Inc | $90,000 | |
| Listed by M. David Moallem, Inc | |||
| Apr 6, 2024 | Listed by M. David Moallem, Inc | $44,000 | |
| Listed by M. David Moallem, Inc | |||
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''Explore the ideal location in the growing SE, Palm Bay AND EASY OWNER FINANCING, This prime lot offers more than just space—it's nestled near schools and shopping, making it an optimal choice for convenience and accessibility. LOT 32, Next to it, is also available on MLS $44k for half an acre for space now and investment in the future. With easy owner financing available, seize the opportunity to secure this prime piece of real estate today. Price is firm, accepting full-price offers only. Don't miss out on this exceptional investment opportunity with an office addendum included in docs along with financing terms for hassle-free transactions. Act now and unlock the potential of this promising property!''
BUY WITH CONFIDENCE> ANY ISSUE?? SWITCH WITH ANOTHER IN OUR INVENTORY.
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Property Highlights
Building Info
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Price/ft²
Listed On
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017