TBD Iberis Road
About This Property
Deed restrictions to protect land values. Land can be subdivided after purchase, minimum parcel size, if subdivided, to be 10 acres plus. Site-built homes, no mobile homes, no businesses. Listing agent related to sellers.
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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 |
|---|---|---|---|
| Mar 9, 2022 | Sold | ||
| Sold | |||
| Jul 30, 2021 | Listed by Sage Realty Solutions LLC | $550,000 | |
| Listed by Sage Realty Solutions LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017