116 DAVIS Street
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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 12, 2006 | Sold | ||
| Sold | |||
| Aug 13, 2006 | Listed by WATSON REALTY CORP | $829,000 | |
| Listed by WATSON REALTY CORP | |||
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Absolutely charming classic cedar shake beach home literally STEPS TO OCEAN. Original features throughout incl heart pine floors, pecky cypress wall-ceilings, original interior doors & hardware as well as updates to kit/bath. Newer A/C compressors (3) and newer galv roof. GUEST HOUSE is darling w/ full bath, morning kitchen & laundry room. Plenty of room to add-on to main house or garage addition.
| |||
| Jan 19, 2006 | Listed by HomesIndeed Real Estate | $850,000 | |
| Listed by HomesIndeed Real Estate | |||
| Jan 13, 2004 | Sold | ||
| Sold | |||
| Dec 16, 2003 | Listed by HomesIndeed Real Estate | $599,900 | |
| Listed by HomesIndeed Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017