2 Barn Lane #0
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2020 | Sold | ||
| Sold | |||
| May 22, 2020 | Listed by Holly C & Co. Fine Homes | $649,900 | |
| Listed by Holly C & Co. Fine Homes | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/13/2023
|
3 Bed
|
3 Bath
|
2338 ft²
|
$799,000
3 Bed
3 Bath
2338 ft²
|
$725,000
-9.26%
07/31/2023
|
Linda Glennon
Jack Conway - Conway On The Bay
| |
|
05/22/2020
| |
3 Bed
|
3 Bath
|
2338 ft²
|
$649,900
3 Bed
3 Bath
2338 ft²
|
$639,000
-1.68%
09/30/2020
|
Michelle Mineo
Coldwell Banker Realty - Beverly
|
|
12/07/2013
|
3 Bed
|
3 Bath
|
2338 ft²
|
$429,000
3 Bed
3 Bath
2338 ft²
|
$408,000
-4.90%
06/16/2014
|
SeaSide Sellers Team
Holly C & Co. Fine Homes
| |
|
10/16/2010
|
3 Bed
|
2 Bath
|
2338 ft²
|
$458,900
3 Bed
2 Bath
2338 ft²
|
-
-
|
SeaSide Sellers Team
Holly C & Co. Fine Homes
| |
|
09/15/2004
|
3 Bed
|
3 Bath
|
2338 ft²
|
$549,000
3 Bed
3 Bath
2338 ft²
|
$512,500
-6.65%
11/30/2004
|
Team Member
Insight Realty Group, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017