116 Prospect Street
Payment Calculator
Your Estimated Monthly Payment
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 1, 2024 | Sold | ||
Sold | |||
Mar 8, 2024 | Price Decreased |
$74,900
↓ $5K
(6.3%) | |
Price Decreased | |||
Jan 25, 2024 | Price Decreased |
$79,900
↓ $10K
(11.2%) | |
Price Decreased | |||
Jan 6, 2024 | Price Decreased |
$90,000
↓ $18K
(16.7%) | |
Price Decreased | |||
Nov 29, 2023 | Listed by Hunt Real Estate ERA/Columbus | $108,000 | |
Listed by Hunt Real Estate ERA/Columbus |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/29/2023
| |
2 Bed
|
2 Bath
|
-
|
$108,000
2 Bed
2 Bath
|
$38,100
-64.72%
05/01/2024
|
-
|
Larry Magguilli
Hunt Real Estate ERA/Columbus
|