15 Fruit St (Lot 3)
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 |
|---|---|---|---|
| Mar 27, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2021 | Listed by RE/MAX Real Estate Center | $225,000 | |
| Listed by RE/MAX Real Estate Center | |||
| | |||
|
Build your DREAM Home in Norfolk !! 1.29AC wooded lit. Proposed 4 bedroom property. Approved 4 bedroom Septic design with Permit to be provided. Close to Town Center & Public Transportation.
| |||
| Aug 23, 2020 | No longer available | - | |
| No longer available | |||
| Jul 12, 2020 | Relisted | $220,000 | |
| Relisted | |||
| Jul 11, 2020 | No longer available | - | |
| No longer available | |||
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