11 Simontown Road
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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%.
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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 |
|---|---|---|---|
| Nov 30, 2015 | Sold | ||
| Sold | |||
| Nov 4, 2015 | Listed by Mulcahy Holmes Agency | $45,000 | |
| Listed by Mulcahy Holmes Agency | |||
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This property is nice, mostly wooded corner property lot 11 has 1560 ft. front on Simontown Rd. and 814 ft. on Stockton Bridge with 981 ft. deep. Lot 12.05 is approx. 352 x 220. new owner will be responsible for any investigation for their use, example- buildable, pinelands area. Owner motivated.
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About Burlington
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21542010
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017