127 Elder Dr
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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 |
|---|---|---|---|
| Aug 3, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2022 | Sold | ||
| Sold | |||
| Apr 27, 2022 | In contract | - | |
| In contract | |||
| Apr 7, 2022 | Listed by Rugen Realty Corp | $344,999 | |
| Listed by Rugen Realty Corp | |||
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Welcome to 127 Elder Dr Mastic Beach. This 3 Bedroom, 1 Bath Ranch Style Home Was Fully Renovated in 2019. Beautiful Gray Tone Flooring Through-Out, Crown Molding. Updated Appliances, Laundry on Main Level (Located in the 3rd Bedroom). Features a 1.5 Car Detached Garage. Corner Lot. Mins From Water, Not In a Flood Zone!
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| Mar 24, 2022 | Listed by Rugen Realty Corp | $344,999 | |
| Listed by Rugen Realty Corp | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017