15 Davis
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 20, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 13, 2024 | Relisted | $429,000 | |
| Relisted | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Keller Williams South Watuppa | $429,000 | |
| Listed by Keller Williams South Watuppa | |||
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This charming one-level ranch in the town of Rehoboth offers fantastic potential with a little updating. Featuring a new heating system, beautiful hardwood floors, a spacious yard perfect for outdoor enjoyment, and a convenient one-car garage. Ideally located just minutes from I-195 for easy commuting and access to local amenities. Seller to install a new septic system, making it a solid investment for the future. Don't miss this great opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017