114 Faith Way
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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 |
|---|---|---|---|
| Aug 2, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $649,900 | |
| Listed | |||
| | |||
|
PRICE REDUCTION!!!!!!!!!!! Your own private tropical paradise in town! Custom pool w/waterfall, large tiki w/bar, upstairs loft, detached 210 SF bonus room for office. Updated w/ brand new Trane A/C, Rheem hot water heaters, hardwood floors, driveway and impact windows. Oversize fenced lot on 1/2 acre with abundant parking and storage. Deeded ocean access plus community boat ramp. Very low HOA fees in desirable neighborhood. Many extras in this perfect energy efficient Key West style home.The manager has listed the unit size as 2560 square feet.
| |||
| Jan 3, 2017 | Listed by Illustrated Properties LLC (Co | $649,900 | |
| Listed by Illustrated Properties LLC (Co | |||
| Dec 31, 2003 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017