1 Nancy Circle #16
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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 |
|---|---|---|---|
| Jun 10, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2022 | Listed by Right Choice Real Estate | $449,000 | |
| Listed by Right Choice Real Estate | |||
| | |||
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Welcome to Horton Estates, professionally managed and well maintained desirable 55 plus community in South Rehoboth. Single story comfortable living in this spacious open floor plan with over 1,500 sq. ft. of living space. Home features master suite with double vanity, walk-in-shower, linen and walk-in-closets. Kitchen, dining and living area with propane fireplace add to this beautiful open area. Kitchen with stainless appliances, recessed lighting, and open dining area overlooking backyard and deck. Two additional bedrooms, one with floor to ceiling palladium window, cathedral ceiling with overabundance of natural light and convenient home office. Large dry basement with covered outside entrance with stairs, no awkward bulkhead to navigate. Spacious attached two car garage with interior access. Many amenities within this beautiful community including Club House with function room, kitchen and outdoor inground swimming pool. Visit us at our OPEN HOUSE Sunday, April 10th, 11-12:30.
| |||
| May 6, 2011 | Sold | ||
| Sold | |||
| Dec 28, 2010 | Listed by Long Realty | $309,975 | |
| Listed by Long Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/07/2022
|
3 Bed
|
2 Bath
|
1566 ft²
|
$449,000
3 Bed
2 Bath
1566 ft²
|
$501,000
+11.58%
06/10/2022
|
Ronald Rupp
Century 21 David Smith R.E.
| |
|
12/28/2010
|
3 Bed
|
2 Bath
|
1700 ft²
|
$309,975
3 Bed
2 Bath
1700 ft²
|
$295,000
-4.83%
05/06/2011
|
Matthew Medeiros
Millennium Realty Firm, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017