18 Washington Dr
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 30, 2023 | Sold to Alexander P Paxson, Catheri... | $935,000 | |
Sold to Alexander P Paxson, Catheri... | |||
Sep 27, 2023 | In contract | - | |
In contract | |||
Sep 20, 2023 | Listed by Barrett Sotheby's International Realty | $875,000 | |
Listed by Barrett Sotheby's International Realty | |||
Jun 27, 1997 | Sold to Lori A Harvey, Spencer G Ha... | $369,000 | |
Sold to Lori A Harvey, Spencer G Ha... | |||
Jun 29, 1990 | Sold to James F Hart | $322,500 | |
Sold to James F Hart |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/20/2023
| |
4 Bed
|
2 Bath
|
2647 ft²
|
$875,000
4 Bed
2 Bath
2647 ft²
|
$935,000
+6.86%
10/30/2023
|
Barrett & Comeau Group
Barrett Sotheby's International Realty
|