1
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11 Foundry Acres Dr
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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 |
|---|---|---|---|
| Sep 15, 2011 | Sold | ||
| Sold | |||
| Jun 9, 2011 | Listed by Maniatty Real Estate | $109,900 | |
| Listed by Maniatty Real Estate | |||
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Renovations are done, ready to move in to this 2BR home overlooking the Associations pond. Community well. Partially finished basement has a family room with a 2nd fireplace, additional Bedroom and shower bath. Sliders to the patio. Woodburning inserts in both fireplaces provide the heat. Newer kitchen, windows, roof. You can purchase this property for as little as 3% down!. This is a FannieMae property that is eleigible for Homepath Mortgage Financing and Homepath Renovation Mortgage Financing.
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| Oct 7, 2010 | Sold | ||
| Sold | |||
| Sep 24, 2010 | Listed by Prudential Prime Properties | $129,900 | |
| Listed by Prudential Prime Properties | |||
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Reduced! Recently renovated, cozy home overlooks the Association's pond. This home features a kitchen with nearly new appliances, a spacious living room, 2 bdrms, 2 baths, 2 fireplaces, 2 more rooms in the partially finished basement and a 1 car garage. Tastefully done; ready for finishing touches. You can purchase this property for as little as 3% down! This is a Fannie Mae property that is eligible for Homepath Mortgage Financing and Homepath Renovation Mortgage Financing.
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| Jul 16, 2010 | Listed by RE/MAX West of the River | $139,900 | |
| Listed by RE/MAX West of the River | |||
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