11 Park Drive
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 |
|---|---|---|---|
| Jun 30, 2004 | Sold | ||
| Sold | |||
| Apr 14, 2004 | Listed by Hammond Residential Real Estate | $579,000 | |
| Listed by Hammond Residential Real Estate | |||
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METICULOUSLY MAINTAINED 3 BEDROOM 2 BATH RANCH ON OVER 9000 SQUARE FEET OF LOVELY GROUNDS. LOCATED IN DESIRABLE NEWTON HIGHLANDS, THIS HOME FEATURES OPEN FLOOR PLAN, LARGE SCREENED BACK PORCH, CENTRAL AIR. TERRIFIC EXPANSION POTENTIAL. PRISTINE CONDITION.
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