10 Cottage 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 |
|---|---|---|---|
| Aug 15, 2012 | Sold | ||
| Sold | |||
| Jun 28, 2012 | Listed by Trinity Real Estate | $197,000 | |
| Listed by Trinity Real Estate | |||
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ATTENTION CONTRACTORS! NEEDS WORK. Old Style Col.l in convenient loc nr town ctr & highways. Enter thru 22' X 8' enclosed porch into foyer. Hardwood flrs & 8'6" ceilings. Living rm, dining rm w/china cabinet and generous kitchen on 1st flr; Two bedrms + full bath on the 2nd floor. Three rms on the 3rd floor (2 are unheated). Great lot for gardens & summer activities. 2 driveways (1 to left is shared & leads to garage). Roof 2008; 200A electric. (Will not qualify for regular FHA financing.)
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