113 Academy 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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | Listed by Higher Standards Real Estate | $410,000 | |
| Listed by Higher Standards Real Estate | |||
| | |||
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Very spacious home located four miles from Hutchinson Island and the beach. From the moment you walk in you will notice the open living space and gorgeous floors. The home has gone under recent renovation including brand new 24'' x 48'' porcelain tile floors throughout the entire interior, new doors, textured ceilings, fans, lighting, base bords, electrical outlets and wiring. Brand new septic tank, fresh paint inside and out. New Hurricane impact windows all around. Two new bathrooms. Documentation of permits for all work done. Two large bedrooms on one side and three smaller bedrooms on the other. The kitchen is massive with lots of counter tops and cabinets. One car garage and screened in patio as you enter the home. Drive way and fenced yard. Near a hiking preserve and Navy Museum.
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| Aug 8, 2018 | Sold | ||
| Sold | |||
| Jun 26, 2018 | Listed by Beneduce Realty Inc | $100,000 | |
| Listed by Beneduce Realty Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017