12375 Tropic Drive
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 |
|---|---|---|---|
| Sep 22, 2014 | Sold | ||
| Sold | |||
| Jul 28, 2014 | Listed by ATLANTIC COASTAL REALTY | $265,000 | |
| Listed by ATLANTIC COASTAL REALTY | |||
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Largest model in the neighborhood. 5 Bedrooms 3.5 baths. Large mother in law bedroom with bath on main level all other bedrooms upstairs. Master suite has two large walk-in closets and huge bathroom. Bonus area on second story perfect for a playroom. Cabinets and counter area before leading into the Media room wired for sound and projector. New Carpet, Exterior paint. Large eat in kitchen. Formal living and dining room off of entryway. Rear yard is fenced on three sides and has tons of room for a pool. Two ac units and two car garage all in a great neighborhood. Do not miss this one it is a whole lot of house for the money and close to everything.
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| Dec 23, 2013 | Listed by WATSON REALTY CORP | $234,900 | |
| Listed by WATSON REALTY CORP | |||
| Sep 26, 2013 | Sold | ||
| Sold | |||
| Dec 16, 2011 | Listed by WATSON REALTY CORP | $240,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017