18 Erb
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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 |
|---|---|---|---|
| May 11, 2012 | Sold | ||
| Sold | |||
| Sep 29, 2011 | Listed by William Raveis Real Estate & Homes Services | $724,900 | |
| Listed by William Raveis Real Estate & Homes Services | |||
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Beaut Contp Cape located in Dennis w/ distint views of CC Bay & Sesuit Creek, & deeded rights to Scargo beach. Sunfilled Gourmt kit w/ island, din rm area, pantry, bay windws & views over tree tops. Open livrm with cath and beam ceils, recesd lighting,& french doors 2 deck. Mstr suite w/sitting area, gas fp and frch doors to deck. Mstr bath has soakin tub & walk in closet. 2nd flr addtl mstr suite, 3rd bdrm, bath & home office with sep entrance. Fin bsmnt. 2 car garg. Turn key house!
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| Dec 16, 1996 | Sold | ||
| Sold | |||
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