12 Midland Road
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 25, 2025 | In contract | - | |
In contract | |||
Jan 8, 2025 | Listed by WEICHERT CO REALTORS | $789,000 | |
Listed by WEICHERT CO REALTORS | |||
Dec 12, 2013 | Sold to Ruobing Chen | ||
Sold to Ruobing Chen | |||
Sep 10, 2013 | Listed by WEICHERT CO REALTORS | $495,000 | |
Listed by WEICHERT CO REALTORS | |||
Oct 28, 2004 | Sold to Hubert Lau, Yuk Ming Chan Lau | ||
Sold to Hubert Lau, Yuk Ming Chan Lau |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/10/2013
| |
3 Bed
|
3 Bath
|
-
|
$495,000
3 Bed
3 Bath
|
$495,000
12/12/2013
|
YUK LAU
KELLER WILLIAMS ELITE REALTORS
|
Building Info
