12346 CORMORANT Drive
About This Property
This is a SHORT SALE. Home needs extensive repairs. Sold ''AS IS CONDITION''. Seller will make no repairs or pay for survey. CASH or CONVENTIONAL FINANCING ONLY! NO CONTINGENCIES. Min $3,000 binder to be deposited with sellers title company.
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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 |
|---|---|---|---|
| Apr 13, 2015 | Sold | ||
| Sold | |||
| Oct 1, 2014 | Listed by HARVESTER REALTY, INC. | $212,500 | |
| Listed by HARVESTER REALTY, INC. | |||
| Aug 20, 2012 | Sold | ||
| Sold | |||
| Jun 19, 2012 | Listed by LISTWITHFREEDOM.COM | $189,000 | |
| Listed by LISTWITHFREEDOM.COM | |||
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Beautiful, remodeled contemporary 5/3 home with large, screened pool in the established Julington Hills/Mandarin area. Stunning new kitchen with dark custom cabinets, granite counter tops and new set of Whirlpool stainless steel appliances. New paint, new floors, remodeled bathrooms and beautifully landscaped, fenced backyard. Easy to show. Ready for immeditate occupancy.
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| Apr 19, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017