140 Berendos Avenue
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 |
|---|---|---|---|
| Nov 7, 2017 | Sold | ||
| Sold | |||
| Sep 15, 2017 | Listed by KW Advisors | $845,000 | |
| Listed by KW Advisors | |||
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Very Desirable Vallemar Neighborhood! This little cabin needs work but has old world charm! The Lot is extra large 6,650 sqft and with a large rebuilt deck behind the garage. The seller upgraded the electrical panel.The sewer lateral was replaced. This area is in the back of valley gets lots of sunshine and is flat. You can walk to a great school which is a K-8, very friendly neighbors, great environment for the young and old. Close to hiking trails, and Rockaway Beach and so much more. Bring your imagination!
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| Aug 22, 2017 | Sold | ||
| Sold | |||
| Jul 20, 2017 | Listed by Redfin | $780,000 | |
| Listed by Redfin | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017