2 Fieldcrest Ter
About This Property
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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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Leading Edge Real Estate | $199,900 | |
| Listed by Leading Edge Real Estate | |||
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Large flat corner lot with 2 structures available in Martins Pond area. Main home footprint consists of approx 680sf, additional structure 480 sf. Build on existing footprint or renovate. Enjoy boating and fishing at Martins Pond while minutes from Rt 93, Rt 28, shopping and restaurants, Buyer responsible for Title V, smoke certs and due diligence.
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