16360 N Raz 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 |
|---|---|---|---|
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Jan 24, 2023 | Listed by @properties Christie's International R.E. | $1,299,000 | |
| Listed by @properties Christie's International R.E. | |||
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Welcome to the heart of Harbor Country. This Cape Cod style home is in the charming community of Union Pier. Only six minutes to the beach, this is a perfect summer retreat or full-time residence. Step onto the wrap-around deck and inside experience the vaulted ceilings in the open concept living room / dining room / kitchen combo. Open the French doors to your screened in porch, equipped with built-in murphy bed - overlooking the in-ground, heated pool. This home features 5 bedrooms, 4.5 bathrooms, fire pit, basketball court, porch swing, raised flower beds, large storage shed, outdoor grilling / dining area – on .69 acres. This home is close to many restaurants, shops, public beaches and more! Available fully furnished and commands $7,500 / week as a turn-key investment opportunity.
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| Nov 2, 2022 | Listed by @properties Christie's International Real Estate | $1,399,000 | |
| Listed by @properties Christie's International Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017