10072 JAMAICA Street
About This Property
If you're tired of taking your clients to numerous properties with no luck, look no further. This recently fully remodeled home boasts an open-concept living area with granite counter tops, updated fixtures, and tile throughout. In addition to the 3beds/2baths at 1288sqft, your clients have the ability to utilize the additional space from the converted garage for whatever they desire (extra room, extra storage, etc.). The front has low maintenance landscaping and large trees for additional shade during the warm summers. The backyard has a privacy fence and shed. Additionally, the roof and cooling system have been recently replaced. This is a turnkey home ready for its forever family.
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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 |
|---|---|---|---|
| Jan 23, 2020 | Sold | ||
| Sold | |||
| Dec 12, 2019 | Listed by Golden Real Estate | $114,999 | |
| Listed by Golden Real Estate | |||
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About Terrace Hills
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Last Updated: 5 months ago
Data Source: GEPAR, MLS# 819857
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017