0 Drew Avenue
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 |
|---|---|---|---|
| Oct 27, 2020 | Sold | ||
| Sold | |||
| Sep 18, 2020 | Listed by Harbor Realty Group, LLC | $25,000 | |
| Listed by Harbor Realty Group, LLC | |||
| Dec 6, 2005 | Sold | ||
| Sold | |||
| Jul 9, 2005 | Listed by Century 21 Professionals | $39,900 | |
| Listed by Century 21 Professionals | |||
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Level lot in Rocky Nook steps to the beach. Per town Residential Un Buildable Land. Yet town Sewerage Betterment was allowed and $2000.00 Dollars has been paid towards Appx 11,000.00 Assessment. Balance to be paid by Buyer. Purchase alone or will sell as package with MLS listing number #70222555
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