11 Ferris Rd
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, 2008 | Sold | ||
| Sold | |||
| Nov 15, 2006 | Listed by Martel Real Estate | $494,900 | |
| Listed by Martel Real Estate | |||
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NEW CONSTRUCTION ON RECENTLY DEVELOPED WARD 1 FERRIS ROAD CUL-DE-SAC.THIS QUALITY BUILT 8RM 4BDR 2.5 BATH OFFERS S/S APPLIANCES,GRANITE C/TOPS, HDW FLRS AND GLASS DOOR TO DECK AND YARD FROM THE KIT. LG FORMAL LR AND DR HAVE HDW FLRS AS WELL. 4 LG BDR ARE COMPLETED BY HUGE PRIVATE MASTER SUITE INCLUDING C,TILE, JACUZZI TUB AND WALK-IN CLOSET. PROFESSIONALLY LANDSCAPED LOT, IN-GROUND SPRINKLER SYSTEM, C/AIR,LARGE 2 CAR GARAGE AND LOCATION MAKE THIS A MUST SEE!!!SELLER TO PAY 1PT TO CLOSING COST
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