LOT 1A Riceville Road
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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 30, 2002 | Sold | ||
| Sold | |||
| Mar 18, 2002 | Listed by Geri Johnson & Associates Realty | $152,900 | |
| Listed by Geri Johnson & Associates Realty | |||
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NEW CONSTRUCTION, ALL GOOD SIZE ROOMS, 2 CAR GARAGE, LARGE KITCHEN/DINING/LIVING ROOM WITH CATHEDRAL CEILING 1/2 BATH IN MASTER BEDROOM, WALK OUT BASEMENT, PRIVATE WOODED LOT, VINYL SIDING & WINDOWS, EASY COMMUTING.
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| May 19, 2001 | Sold | ||
| Sold | |||
| Jan 18, 2001 | Listed | $152,900 | |
| Listed | |||
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NEW CONSTRUCTION ON COUNTRY LOTS.OTHER STYLES TO CHOOSE FROM. CALL LISTER FOR INFO.
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