144 Old Farm Dr
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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 |
|---|---|---|---|
| Oct 31, 2023 | Sold | ||
| Sold | |||
| Sep 27, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $134,900 | |
| Listed | |||
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Location is key here. Diamond in the rough and this is an opportunity waiting to happen. This may have one of the best locations in the development. This private first floor end unit is just waiting for the concerning buyer. This ground floor unit is in need of some TLC but the potential is huge. Amenities include a gas fireplace and a patio with pond views. Association has a pool, tennis courts and clubhouse for your enjoyment. Listing Broker & Seller assumes no responsibility and make no guarantees, warranties (expressed or implied) or representations as to the availability or accuracy of information contained herein. The manager has listed the unit size as 792 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017