1
Map
2 Bishops Forest Dr #2
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 |
|---|---|---|---|
| Oct 30, 2006 | Sold | ||
| Sold | |||
| May 2, 2006 | Listed | $509,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/02/2006
|
2 Bed
|
3 Bath
|
2571 ft²
|
$509,000
2 Bed
3 Bath
2571 ft²
|
$504,500
-0.88%
10/30/2006
|
David Kaloupek
HomeSmart Professionals
| |
|
10/10/2003
|
2 Bed
|
4 Bath
|
2571 ft²
|
$499,000
2 Bed
4 Bath
2571 ft²
|
$484,000
-3.01%
03/29/2004
|
Team Member
Insight Realty Group, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017