Lot 1 Highland 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 |
|---|---|---|---|
| Dec 16, 2022 | Sold | ||
| Sold | |||
| Nov 16, 2021 | Listed by RE/MAX Compass | $350,000 | |
| Listed by RE/MAX Compass | |||
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BRAND NEW Classic New England Colonial with curb appeal. Be the first owner of this care-free, low maintenance home being built with the new energy stretch code. Magnificent detailing with classic lines. Still time to pick your siding colors, interior colors, cabinets, countertop and flooring finishes. Not actual house and floor plan may be different.
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