
44
Map


13 131ST ST #105
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 2, 2024 | Sold | ||
Sold | |||
Jul 2, 2024 | In contract | - | |
In contract | |||
May 23, 2024 | Price Decreased |
$449,000
↓ $16K
(3.4%) | |
Price Decreased | |||
May 15, 2024 | Relisted | $465,000 | |
Relisted | |||
May 5, 2024 | In contract | - | |
In contract |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/14/2024
|
2 Bed
|
2 Bath
|
966 ft²
|
$479,900
2 Bed
2 Bath
966 ft²
|
$442,000
-7.90%
08/02/2024
|
-
|
Nancy Reither
Coldwell Banker Realty
| |
11/14/2023
|
2 Bed
|
2 Bath
|
966 ft²
|
$425,000
2 Bed
2 Bath
966 ft²
|
$402,500
-5.29%
01/22/2024
|
-
|
Melanie Shoff
Coastal Life Realty Group LLC
| |
06/03/2022
|
2 Bed
|
2 Bath
|
966 ft²
|
$420,000
2 Bed
2 Bath
966 ft²
|
-
-
|
-
|
Andrew Undem
Berkshire Hathaway HomeServices Homesale Realty
| |
04/07/2022
| |
2 Bed
|
2 Bath
|
966 ft²
|
$415,000
2 Bed
2 Bath
966 ft²
|
-
-
|
-
|
Mary Rice
Engel & Volkers Ocean City
|
06/22/2020
|
2 Bed
|
2 Bath
|
966 ft²
|
$250,000
2 Bed
2 Bath
966 ft²
|
-
-
|
-
|
-
| |
12/09/2019
|
2 Bed
|
2 Bath
|
966 ft²
|
$248,500
2 Bed
2 Bath
966 ft²
|
-
-
|
-
|
-
| |
05/16/2018
| |
2 Bed
|
2 Bath
|
966 ft²
|
-
2 Bed
2 Bath
966 ft²
|
-
-
|
-
|
-
|
Building Info
