1104 Leilani 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 |
|---|---|---|---|
| May 30, 2014 | Sold | ||
| Sold | |||
| Sep 27, 2013 | Listed by Weichert Realtors - Forked River | $250,000 | |
| Listed by Weichert Realtors - Forked River | |||
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Value is in the LAND - 109 ft. of newer vinyl bulk heading (2005)with gorgeous views of the open waters of the Forked River. Perfect location to watch the boats go by at the "Festival of Lights" - 2100 sq ft. house is not livable, must be raised 9ft. or demolished - Buyer responsible for same. Good opportunity for savvy buyer or builder.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017