1177 Phillips 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 |
|---|---|---|---|
| Jun 15, 2011 | Sold | ||
| Sold | |||
| Jan 3, 2011 | Listed by Four Points Realty | $109,900 | |
| Listed by Four Points Realty | |||
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Great condo alternative on large lot offers 2 bedrooms, knotty pine kitchen, full basement which is partially finished, great yard. This is a Fannie Mae property - Purchase this property for as little as 3% down (restrictions apply) This property qualifies for Homepath and Homepath Renovation financing.Fannie Mae is offering up to 3.5% in closing cost assitance but you must close by 6/30/11 and restrictions apply - please visit homepath for more info
| |||
| Nov 18, 2010 | Sold | ||
| Sold | |||
| Feb 9, 2007 | Sold | ||
| Sold | |||
| Dec 15, 2006 | Listed by Amaral Resendes Realty | $199,900 | |
| Listed by Amaral Resendes Realty | |||
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