120 Araca 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 |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 4, 2024 | Listed by BERKSHIRE HATHAWAY | $789,000 | |
| Listed by BERKSHIRE HATHAWAY | |||
| | |||
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Beautiful Renovated Hi Ranch That Opens Up To The Great South Bay Located In the Desirable Village of Babylon. This Amazing Home Features Unobstructed Water Views, 4 Bedrooms, 2 Baths, Formal Dining Room, Updated Kitchen, Family Room, A New 42 Foot Plastic Navy Style Bulkhead, Deck and Patio. Equipped with Solar Panels That are Owned With an Average Monthly Electric Bill of $20.00 a month. New Heating System Installed in 2023 This Gorgeous Home Won't Last.
| |||
| Jul 19, 2016 | Sold | ||
| Sold | |||
| Apr 4, 2016 | Listed by BERKSHIRE HATHAWAY | $419,000 | |
| Listed by BERKSHIRE HATHAWAY | |||
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017