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LOT 18 Bourque Rd
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 31, 2008 | Sold | ||
| Sold | |||
| Jun 4, 2008 | Listed by Spinnaker Group | $489,900 | |
| Listed by Spinnaker Group | |||
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WE MAKE IT EASY TO BUY NOW! GORGEOUS COLONIALS & RANCHES STARTING AT $449,900 ON LARGE WOODED LOTS IN EXCEPTIONAL NEIGHBORHOOD. CLOSE TO AREA AMENTIES WITH CONVENIENT HWY ACCESS. CHOOSE FROM SEVERAL PLANS. LOCATED OFF LITTLE POND COUNTY ROAD. LOVELY COUNTRY FEEL IN THIS GREAT LOCATION.
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