17 Balfour Dr
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 |
|---|---|---|---|
| Jun 15, 2018 | Sold | ||
| Sold | |||
| Apr 25, 2018 | Listed by Real Living Realty Professionals, LLC | $125,000 | |
| Listed by Real Living Realty Professionals, LLC | |||
| Mar 25, 2016 | Sold | ||
| Sold | |||
| Jul 11, 2014 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $115,900 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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NICELY MAINTAINED CUTE 2 BDRM CAPE IN GREAT LOCATION!! EAT IN KITCHEN WITH STOVE THAT HAS NEVER BEEN USED (APPROX 7 YRS OLD). THE LIVING ROOM, HALLWAY AND 2 BDRMS HAVE OAK HDWD FLOORS. SOME OF THE UPDATES OF THIS HOME ARE NEWER ROOF (APPROX 2 YRS OLD), NEWER FENCE (APPROX 2 YRS OLD), NEWER VYL SIDING (APPROX 2 YRS OLD), HOT WATER TANK (APPROX 5 YRS OLD), CENTRAL AIR ( APPROX 8-9 YRS OLD) AND UPDATED CIRCUIT BREAKERS 9 YRS AGO. THIS HOME HAS A HUGE WALK UP ATTIC WHICH HAS THE POTENTIAL TO BE FINISHED ADDING MORE LIVING SPACE!! ALSO HAS A LARGE FENCED IN YARD WITH SHED. ALL APPLIANCES ARE INCLUDED IN SALE!! CLOSE TO SHOPPING , RESTAURANTS AND MAJOR ROUTES.
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