Locust Loop Circle
About This Property
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OWNER FINANCING AVAILABLE - $30,000
10% down - 10% interest - 10 yr amortization / 3 yr balloon - Payment - $366.81/mo (Buyer pays all Closing Costs on Owner Financed Purchases including Doc Stamps on Deed & Mortgage, Intangible Tax on Mortgage, Title Insurance, $100 Loan Fee, $10/month Collection Fee) total closing costs estimated at $1,100, estimated cash to close $4,100. Nice Vacant Building Lot in the growing area of Silver Springs Shores!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 19, 2021 | Sold | ||
| Sold | |||
| Aug 17, 2021 | Listed by SELLSTATE NEXT GENERATION REAL | $16,500 | |
| Listed by SELLSTATE NEXT GENERATION REAL | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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SELLSTATE NEXT GENERATION REAL
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM625690
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017