118 Nolte
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 |
|---|---|---|---|
| Jun 22, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 4, 2025 | Price Decreased |
$64,100
↓ $3K
(4.9%) | |
| Price Decreased | |||
| May 11, 2025 | Price Decreased |
$67,400
↓ $4K
(4.9%) | |
| Price Decreased | |||
| Oct 29, 2024 | Listed by REALHome Services and Solution | $70,900 | |
| Listed by REALHome Services and Solution | |||
| | |||
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Charming two bedroom home with many interior upgrades. Low maintenance vinyl exterior. Large shady lot. RESERVE AUCTION PROPERTY- Property sold “AS-IS” without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein. Inspect before bidding.
| |||
| Feb 11, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017