998 Cade Street
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 |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Jun 15, 2024 | Listed by eXp Realty LLC | $89,000 | |
| Listed by eXp Realty LLC | |||
| | |||
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Welcome to this amazing opportunity to own a beachside lot in the beautiful town of Gilchrist! This stunning property offers breathtaking views of the Gulf of Mexico & the surrounding nature. Situated on the beachside, this lot presents the perfect canvas to create your dream coastal home or vacation getaway. Whether you are an investor looking to build and sell, or a family seeking a peaceful retreat. Boasting an impressive size, this lot could be easily divided into 2 separate parcels to accommodate multiple dwellings. This presents an prospect for those who desire to build 2 homes or investment properties on the same lot. Take a leisurely stroll along the sandy beach, watch the waves roll in, or take advantage of the fantastic fishing opportunities that the area is renowned for. Don't miss out on this once-in-a-lifetime chance to own a slice of paradise this beachside lot in Gilchrist is truly a rare gem.
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| Jun 8, 2024 | No longer available | - | |
| No longer available | |||
| Dec 25, 2023 | Price Decreased |
$89,000
↓ $11K
(10.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017