11 Minnesota Drive #307
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
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Jun 14, 2024 | Sold | $220,000 | |
Sold | |||
Jun 6, 2024 | In contract | - | |
In contract | |||
Jan 4, 2024 | Listed by EXIT Realty East Coast Shirvanian | $239,900 | |
Listed by EXIT Realty East Coast Shirvanian | |||
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Back on the Market! No Fault of the Seller. Welcome to Cheesequake
Village, the 55+ active community! Why rent when you could own this
sweet, bright, well maintained, one bedroom ranch style unit?!
Move-in-ready! Just bring your moving truck, unpack and settle in!
Low HOA fee and taxes! This highly desirable community features a
clubhouse with a great community/party room, a library, exercise
room, and game room with a pool and ping pong table for your
enjoyment. During the summer you can…
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Property Highlights
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Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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