LOT 2 Alger Street
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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 |
|---|---|---|---|
| Sep 26, 2003 | Sold | ||
| Sold | |||
| Jan 10, 2003 | Listed by Morin Real Estate | $200,880 | |
| Listed by Morin Real Estate | |||
| | |||
|
QUALITY COLONIAL WITH MANY OPTIONS TO CHOOSE FROM. AREA OF NEW HOMES. EASY COMMUTE
| |||
| Feb 18, 2000 | Sold | ||
| Sold | |||
| Jan 20, 2000 | Listed | $129,900 | |
| Listed | |||
| | |||
|
CURRENTLY UNDER CONSTRUCTION. FEBRUARY COMPLETION DATE. UP GRADED HOME! DISCOUNTED PRICE! HURRY BEFORE IT'S GONE. CHANGE.
| |||
| Jul 25, 1997 | Sold | ||
| Sold | |||
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