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18 NICOLE DRIVE
About This Property
The manager has listed the unit size as 1940 square feet.
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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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2017 | Listed | $315,000 | |
| Listed | |||
| Dec 22, 1997 | Sold to Timothy P Connaughton | ||
| Sold to Timothy P Connaughton | |||
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18 NICOLE DRIVE
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