11411 Mortimer Drive
About This Property
**Multiple Offers Received**
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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 |
|---|---|---|---|
| Dec 6, 2023 | Sold | ||
| Sold | |||
| Oct 7, 2023 | Listed by Ameristar, REALTORS | $179,900 | |
| Listed by Ameristar, REALTORS | |||
| | |||
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Great, open floor plan! Living room has a beautiful brick wood burning fireplace. Kitchen is spacious and has an eat in breakfast area. Kitchen is open to the living room. Primary bedroom has an ensuite bathroom with double sinks. Outside you have a large, covered patio. Lots of possibilities!
**Multiple Offers Received**
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017