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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.
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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 28, 2017 | Sold | ||
| Sold | |||
| Oct 31, 2017 | Sold | ||
| Sold | |||
| Aug 30, 2017 | Listed by Berman Realty | $75,000 | |
| Listed by Berman Realty | |||
| May 14, 2015 | Listed by Berman Realty | $19,999,999 | |
| Listed by Berman Realty | |||
| | |||
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Multiple lots sold as a package ranging from 0.25 acres to 10 acres each in Palm Beach Heights subdivision. Plans for ATV, UTV, OHV private recreation area and camp sites names Native Trails & Camps. Sales potential over $35MM. OWNER FINANCING and/or partners considered.
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Berman Realty
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R10363389
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017