1
Map
18 Woodcrest Drive
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 |
---|---|---|---|
Feb 7, 2024 | Sold to Danielle Fruscella, Vincent... | ||
Sold to Danielle Fruscella, Vincent... | |||
Dec 11, 2023 | In contract | - | |
In contract | |||
Nov 22, 2023 | Listed by ELLEN ROSENBAUM REAL ESTATE | $455,000 | |
Listed by ELLEN ROSENBAUM REAL ESTATE | |||
Oct 1, 1992 | Sold to Cathy Smith | ||
Sold to Cathy Smith |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/22/2023
| |
3 Bed
|
2 Bath
|
-
|
$455,000
3 Bed
2 Bath
|
$475,000
+4.40%
02/07/2024
|
DAVID ROSENBAUM
ELLEN ROSENBAUM REAL ESTATE
|