115 Clinton Avenue
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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 23, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jun 25, 2024 | Listed by RE/MAX Integrity Leaders | $250,000 | |
| Listed by RE/MAX Integrity Leaders | |||
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Welcome to 115 Clinton Ave in Mastic! This 3/1 Ranch Offers Endless Potential For A First Time Homebuyer To Create Their Dream Home or Investors to Add to Their Portfolio! Burnham Boiler, Upgraded Electrical Panel, Cedar Shake Impression Vinyl Siding on Front, Propane Cooking. Full Attic and Attached Shed Offer Ample Storage Space. Easy Access to Smith's Point Beach! Great for Commuters with Quick Access to Sunrise Highway. Some Photos Have Been Virtually Enhanced To Show Potential. Low Taxes of Only $6085.40/Year Before STAR. No Flood Insurance!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017