15 Gates Rd
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 |
|---|---|---|---|
| Aug 18, 2017 | Sold | ||
| Sold | |||
| Jun 1, 2017 | Listed by Prestige Homes Real Estate, LLC | $549,900 | |
| Listed by Prestige Homes Real Estate, LLC | |||
| Oct 2, 2013 | Sold | ||
| Sold | |||
| Jun 25, 2013 | Listed by Prestige Homes Real Estate, LLC | $349,900 | |
| Listed by Prestige Homes Real Estate, LLC | |||
| Aug 18, 2010 | Listed by Palmer Russell Company | $379,500 | |
| Listed by Palmer Russell Company | |||
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Here's your opportunity to get into the highly ranked Middleton School System. Come see this low priced home sitting on 1.18 acres in a nice, quiet, private setting, Middleton subdivision. Extras include, some nice built-ins, skylights, fireplace, wood burning stove and a new roof. Seller willing to look over all offers. Contractors, with some rehab work this can be a money maker for you.
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