1
Map
116 Heard St
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 |
|---|---|---|---|
| Mar 11, 2011 | Sold | ||
| Sold | |||
| Oct 6, 2010 | Listed | $119,900 | |
| Listed | |||
| Jun 21, 2007 | Sold | ||
| Sold | |||
| Nov 28, 2006 | Listed by Lamacchia Realty, Inc. | $175,000 | |
| Listed by Lamacchia Realty, Inc. | |||
| | |||
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Nice starter home in one of the best neighborhoods in town!! This house features 7 rooms, 3 bedrooms, 2 full baths. Plenty of updates. 1 car garage. Off street parking and more. POSSIBLE SHORT SALE- MAKE OFFER- SUBJECT TO BANK APPROVAL. PROPERTY SOLD AS IS!
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| Aug 21, 2003 | Sold | ||
| Sold | |||
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