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Lot 10 Servant Way
About This Property
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Cap Rate Calculator
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 18, 2011 | Sold | ||
| Sold | |||
| Apr 30, 2010 | Listed by EXIT Family First Realty | $231,900 | |
| Listed by EXIT Family First Realty | |||
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Net Sales Price $219,900 ($224,900 - $5,000 back at closing) TO BE BUILT! THIS HOUSE HAS 3 BEDROOMS & 2 FULL BATHS. COME SEE THIS QUIET NEIGHBORHOOD, ON A PEACEFUL DEAD-END RD, WHICH IS PERFECT FOR A GROWING FAMILY, THEN CALL FOR A BUILDER’S MEETING & HAVE YOUR NEW HOME BUILT TO YOUR HEART’S DESIRE! THIS RANCH HOME WILL MAXIMIZE YOUR LIVING AREA AT A MINIMUM COST. WE HAVE MANY PLANS TO CHO0SE FROM THAT WILL SATISFY YOUR FAMILY’S NEEDS. LOT 5, AT THE END OF CUD-DE-SAC, IS ALSO AVAILABLE FOR SALE
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