109 TROUTMAN Street #3B
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 6, 2024 | In contract | - | |
In contract | |||
Nov 13, 2023 | Listed by Corcoran Group | $750,000 | |
Listed by Corcoran Group |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/24/2024
|
2 Bed
|
2 Bath
|
787 ft²
|
$850,000
2 Bed
2 Bath
787 ft²
|
$850,000
04/12/2024
|
-
|
Sarah Shuken
Corcoran Group
|
|
01/11/2024
|
2 Bed
|
2 Bath
|
1085 ft²
|
$995,000
2 Bed
2 Bath
1085 ft²
|
$950,000
-4.52%
05/23/2024
|
-
|
Sarah Shuken
Corcoran Group
|
|
12/22/2023
|
2 Bed
|
2 Bath
|
732 ft²
|
$850,000
2 Bed
2 Bath
732 ft²
|
$840,000
-1.18%
04/25/2024
|
-
|
Sarah Shuken
Corcoran Group
|
|
11/27/2023
|
1 Bed
|
1 Bath
|
574 ft²
|
$550,000
1 Bed
1 Bath
574 ft²
|
$550,000
05/03/2024
|
-
|
Sarah Shuken
Corcoran Group
|
|
11/14/2023
|
2 Bed
|
2 Bath
|
854 ft²
|
$925,000
2 Bed
2 Bath
854 ft²
|
$925,000
04/05/2024
|
-
|
Sarah Shuken
Corcoran Group
|
|
11/13/2023
|
1 Bed
|
1 Bath
|
574 ft²
|
$575,000
1 Bed
1 Bath
574 ft²
|
$575,000
03/29/2024
|
-
|
Sarah Shuken
Corcoran Group
|
|
11/19/2020
|
|
Loft
|
-
|
2500 ft²
|
$1,600,000
Loft
-
2500 ft²
|
$1,126,500
-29.59%
08/09/2021
|
Michael Cook
Oxford Property Group
|