161 Thatcher Road
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 |
|---|---|---|---|
| Nov 16, 2015 | Sold | ||
| Sold | |||
| Mar 28, 2012 | Listed by J. Barrett & Company | $175,000 | |
| Listed by J. Barrett & Company | |||
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|
PRICE REDUCTION !!!! Fantastic opportunity to build your dream summer or year round home with in walking distance to beautiful Long Beach. APPROVED lot with views of pond! Seller has building drawings for a 4 bedroom 3 bath home. Public water/sewer/gas in street. Buy now and enjoy walking to Long Beach or Good Harbor this summer!
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| Jun 19, 2002 | Sold | ||
| Sold | |||
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