1154 W Hwy 171
About This Property
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Cap Rate Calculator
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 9, 2024 | Sold | ||
Sold | |||
Oct 16, 2024 | Price Decreased |
$336,564
↓ $300K
(47.1%) | |
Price Decreased | |||
Oct 16, 2024 | In contract | - | |
In contract | |||
Jul 10, 2024 | Listed by Story Real Estate Group | $636,564 | |
Listed by Story Real Estate Group |