1839 DRUID HILL AVE
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 |
---|---|---|---|
May 23, 2024 | Sold | $132,000 | |
Sold | |||
Apr 25, 2024 | In contract | - | |
In contract | |||
Apr 10, 2024 | Price Decreased |
$120,000
↓ $10K
(7.7%) | |
Price Decreased | |||
Mar 18, 2024 | Price Increased |
$130,000
↑ $80K
(160%) | |
Price Increased | |||
Feb 19, 2024 | Relisted | $50,000 | |
Relisted |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/08/2022
| |
3 Bed
|
3 Bath
|
-
|
$120,000
3 Bed
3 Bath
|
$72,000
-40.00%
03/10/2023
|
-
|
Carter Wise
Berkshire Hathaway HomeServices Homesale Realty
|
Building Info
- 1 Unit for Sale