2 Parker Road
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 |
|---|---|---|---|
| Nov 20, 2009 | Sold | ||
| Sold | |||
| May 11, 2009 | Listed | $399,900 | |
| Listed | |||
| Jul 16, 2007 | Sold | ||
| Sold | |||
| Jan 16, 2007 | Listed by Turnpike Commercial R. E., Inc | $119,000 | |
| Listed by Turnpike Commercial R. E., Inc | |||
| | |||
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Beautiful lot available for a fabulous price! The lot has been cleared, town water and sewer are ready for tie-in and the town sewer betterment has already been paid! This lot can accomadate a foundation size of approx. 65 feet in width and 70 feet in depth. Call for the details.
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| Dec 5, 2003 | Sold | ||
| Sold | |||
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