11707 RAINDROP Road
About This Property
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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 |
|---|---|---|---|
| Apr 4, 2012 | Sold | ||
| Sold | |||
| Jan 18, 2012 | Listed by HOME PLACE REALTY LLC | $119,900 | |
| Listed by HOME PLACE REALTY LLC | |||
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Home shows like new! Upgraded kitchen, with 42” cabinets,island,stainless steel appliances and ceramic tile in wet areas. Separate living and dining area, family room and eat-in area in kitchen. Master bath with huge shower and garden tub. Large vanity area and private water closet. All on a cul-de-sac, waterfront lot.This is a Fannie Mae HomePath property that can be purchased for as little as 3% down!Approved for both HomePath Mortgage Financing & HomePath Renovation Mortgage Financing.
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| Sep 13, 2007 | Listed by WATSON REALTY CORP | $224,990 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017