2 & 4 Northeast Main / Williams Ct
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 |
|---|---|---|---|
| Mar 21, 2023 | Sold | ||
| Sold | |||
| Feb 23, 2023 | In contract | - | |
| In contract | |||
| Jan 30, 2023 | Listed by ERA Key Realty Services | $165,000 | |
| Listed by ERA Key Realty Services | |||
| | |||
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Williams Estates, Approved duplex lot cleared stumped all sand and gravel,, Approved inground septic designs , architectural plans in hand, No Association fees, 6 lot 12 unit subdivision, town water, Pic is similar to be built , See attachment for floor plan and septic design, only two lots (4 units remaining) Also see MLS# 73074474 for other reaming lot
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| Jan 7, 2023 | No longer available | - | |
| No longer available | |||
| Jul 25, 2022 | Listed by ERA Key Realty Services | $165,000 | |
| Listed by ERA Key Realty Services | |||
| | |||
|
Williams Ct Estates, Approved duplex lot cleared stumped all sand and gravel,, Approved septic designs , architectural plans in hand, No Association fees, 6 lot 12 unit subdivision, town water, Pic is similar to be built , See attachment for floor plan and septic design
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