2 Lenape Drive #A
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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 23, 2014 | Sold | ||
| Sold | |||
| Aug 22, 2014 | Listed by Better Homes Realty | $39,900 | |
| Listed by Better Homes Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/11/2018
|
2 Bed
|
1 Bath
|
-
|
$84,500
2 Bed
1 Bath
|
$72,000
-14.79%
05/16/2019
|
Eleanor Milewski
Crossroads Realty Manchester
| |
|
01/10/2018
|
Loft
|
2 Bath
|
-
|
$76,500
Loft
2 Bath
|
$75,000
-1.96%
04/16/2018
|
Sharon Asay
Crossroads Realty Inc-Berkeley
| |
|
08/22/2014
|
Loft
|
2 Bath
|
-
|
$39,900
Loft
2 Bath
|
$30,000
-24.81%
09/23/2014
|
Joseph Fink
Better Homes Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017