18 SOLANA Road
About This Property
*RE-PLUMBED
*RE-WIRED
*WINDOWS REPLACED
*2 HOT WATER HEATERS: 1-TANKLESS GAS RANAII 2010; 1-50 GALLON ELECTRIC WATER HEATER 2006
*2017 POOL RE-FINISHED, CONVERTED TO SALT, NEW POOL PUMP; NEW POOL HEATER
*NEW WASHERS/DRYERS
*HOME PIPED FOR WATER SOFTENER
*2011 WHOLE HOME REMODEL/ADDITION/PIPED FOR GAS
*2 HVAC UNITS (2010 & 2011)
*IRRIGATION WATER IS PLUMBED FROM THE LAGOON
*CONCRETE TABLE, TEAK CHAIRS AND PLANTERS CONVEY
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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 |
|---|---|---|---|
| Apr 25, 2023 | Sold | ||
| Sold | |||
| Mar 20, 2023 | Listed by RE/MAX SPECIALISTS PV | $3,215,000 | |
| Listed by RE/MAX SPECIALISTS PV | |||
| Jan 31, 2019 | Sold | ||
| Sold | |||
| Nov 14, 2018 | Listed by RE/MAX SPECIALISTS PV | $2,400,000 | |
| Listed by RE/MAX SPECIALISTS PV | |||
| Dec 8, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017