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16 Elaine Way
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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 30, 2011 | Sold | ||
| Sold | |||
| Dec 7, 2010 | Listed by RE/MAX Spectrum | $289,000 | |
| Listed by RE/MAX Spectrum | |||
| | |||
|
low maintenance exterior 5 bedroom cape with a private master bedroom and beautiful tiled bath w/ stand up shower and jacuzzi tub over the garage having its own roof deck overlooking i/g pool, home features a large tiled mud room, new cherry kitchen, granite counter top, fireplace lr, 2 bedrooms down and 2 up, fenced yard, great for entertaining with the i/g pool and a large att. garage, home has been recently renovated and is in move in condition!
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| Sep 18, 2009 | Sold | ||
| Sold | |||
| May 24, 2009 | Listed by RE/MAX Landmark, REALTORS® | $189,000 | |
| Listed by RE/MAX Landmark, REALTORS® | |||
| Apr 14, 2009 | Sold | ||
| Sold | |||
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