12 9th Lane
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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 |
|---|---|---|---|
| Oct 26, 2018 | Sold | ||
| Sold | |||
| Sep 12, 2018 | No longer available | - | |
| No longer available | |||
| Aug 21, 2018 | Listed | $305,000 | |
| Listed | |||
| | |||
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Looking for your perfect little beach bungalow for summer season? Look no more! Here is the most adorable beach cottage with steps to the beach for your hot summer days and many weeks of enjoyment. Property has no heat and can not be used as a full time residence as per HOA. Invest in your families summer fun and come enjoy beach living in South Seaside Park with the best beaches around! Seller has accepted an offer~
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| Aug 6, 2018 | Listed by Keller Williams Realty Atlantic Shore | $305,000 | |
| Listed by Keller Williams Realty Atlantic Shore | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017