Lot 2 Clark Rd.
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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 |
|---|---|---|---|
| Jul 19, 2005 | Sold | ||
| Sold | |||
| Mar 17, 2005 | Listed by RE/MAX Colonial | $349,900 | |
| Listed by RE/MAX Colonial | |||
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New construction for less than $350.000? Must be the luck of the Irish. Real nice 1700+sf plan has 3BR, 2.5BA, FP, Skylts, + walkup 3rd fl space of 512sf to finish. 8ft. clgs, maple kitch w/island, Rec. entry, 2car gar, public sewer & water. Commuters’ dream location. Faces new $400,000+ subdivision.
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| Oct 17, 1997 | Sold | ||
| Sold | |||
| Sep 3, 1997 | Listed | $169,900 | |
| Listed | |||
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EXCITING NEW FLOOR PLAN- 2 STORY COLONIAL SPLIT WITH 2ND FLOOR MASTER SUITE AND SITTING ROOM. LOVELY 26 LOT SUBDIVISION. CALL LINDA LARGEY: 307-0387,.
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