1
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2 Bungalow Rd
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 |
|---|---|---|---|
| Mar 31, 2015 | Sold | ||
| Sold | |||
| Mar 5, 2011 | Listed by RE/MAX Results | $645,900 | |
| Listed by RE/MAX Results | |||
| Sep 30, 2010 | Listed by RE/MAX Results | $669,900 | |
| Listed by RE/MAX Results | |||
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Total Rehab in 2008! Lowest Priced Home in the Exclusive Private Wingaersheek/ Coffin Beach Area. Features Include Open Floor Plan with All New Granite Kitchen, SS Appliances, Tiled Bathrooms, New Heating System, New Hot Water Tank, New Cair,New Electrical,New Roof, New Replacement Windows, Hardwood Floors, New Septic System, and More! 2 Minute Walk to Beach. Good size private yard with Outdoor Shower. Must See Not a Drive By.
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| Feb 14, 2008 | Sold | ||
| Sold | |||
| Oct 31, 2007 | Listed by RE/MAX Results | $579,000 | |
| Listed by RE/MAX Results | |||
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