11 Wareham Ave.
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 |
|---|---|---|---|
| Sep 18, 2015 | Sold | ||
| Sold | |||
| May 15, 2014 | Listed by Weichert, REALTORS® - SBA Group | $99,900 | |
| Listed by Weichert, REALTORS® - SBA Group | |||
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Single Family Cottage converted to Year-Round: 2 Bedrooms on Second Floor. Zoning provides some flexibility in use going forward; close to (walk to) Onset Beach. Property has had many recent improvements including roofing, siding, windows, Nat. Gas Wall Furnace, and insulation. Property may still merit some additional improvements. To be sold as-is. Property is within Flood Zone,
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