1720 State Route 71
About This Property
Great Residential Buyer or Builder's Package! This is your opportunity to buy two 100x150 subdivided residential lots in Spring Lake Heights!
Walk six blocks to the beach and two blocks to the train station.
Asking $659,800 Property sold ''as is ''
Close to town, shopping and restaurants.
Also listed for sale is MLS# 21 State Route 71 adjacent to 1718-1720.
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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 |
|---|---|---|---|
| Sep 25, 2015 | Sold | ||
| Sold | |||
| Feb 23, 2015 | Listed by Diane Turton, Realtors-Wall | $659,800 | |
| Listed by Diane Turton, Realtors-Wall | |||
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About Spring Lake Heights
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21506274
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017