11 Bray St
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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
| Apr 16, 2024 | Listed by RE/MAX Beacon | $375,000 | |
| Listed by RE/MAX Beacon | |||
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Attention contractors and investors! Here's your chance to transform a cozy 2-bedroom ranch located in the scenic woods of West Gloucester. The generous size lot allows for expansion or a complete rebuild. Bring your vision and creativity to transform this property in this great seaside community. A two-bedroom septic design is in hand. Clean-out of the property and installation of the new septic system will be the responsibility of the buyer. Ideal property for a cash offer or construction/renovation loan. This is an estate sale and will require a license to sell.
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| Oct 1, 1976 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017