131 Otis St
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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Oct 12, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by Aberman Associates, Inc. | $425,000 | |
| Listed by Aberman Associates, Inc. | |||
| | |||
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Seller is packing easy to maintain 3 bedroom ranch style on quiet side street with easy access to all major routes. spacious half acre lot, attached single car garage livngroom with fireplace and built in cabinetry. Hardwood floors.updated kitchen with granite countertops and upgraded flooring. town water. passed title V
| |||
| Sep 25, 2009 | Sold | ||
| Sold | |||
| Nov 26, 2008 | Listed by Aberman Associates, Inc. | $217,000 | |
| Listed by Aberman Associates, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017