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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 |
|---|---|---|---|
| Nov 3, 2015 | Sold | ||
| Sold | |||
| Sep 15, 2015 | Sold | ||
| Sold | |||
| Jan 23, 2015 | Listed by Coldwell Banker Guimond Realty Group | $119,000 | |
| Listed by Coldwell Banker Guimond Realty Group | |||
| Jan 21, 2015 | Sold | ||
| Sold | |||
| Jan 5, 2015 | Listed by Coldwell Banker Guimond Realty Group | $115,000 | |
| Listed by Coldwell Banker Guimond Realty Group | |||
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LOTS RANGE FROM $115,000 TO $125,000 AND HAVE PUBLIC WATER AND SEWER, NEW SUBDIVISION WITH CUL DE SAC ON EACH END, VERY PRIVATE AT THE END OF AN ESTABLISHED HOUSING AREA. CLOSE TO MASS AND ALL MAJOR ARTERIES, SHOPPING, SCHOOLS AND MEDICAL FACILITIES. CALL FOR PLOT PLAN
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