2 Philip Way
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 |
|---|---|---|---|
| Jul 5, 2017 | Sold | ||
| Sold | |||
| Apr 20, 2015 | Sold | ||
| Sold | |||
| Jan 15, 2015 | Listed by RE/MAX On The River, Inc. | $379,900 | |
| Listed by RE/MAX On The River, Inc. | |||
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Motivated and Priced To Sell! Desirable Hillside Estate, 4 bedroom Colonial built in 2004 complete with all New Top of the Line Up- Grades! 2 Zone New Trane Central Air System, Hard Wood Flooring , Fire Place Family Room, Bright Spacious Kitchen with a Double Oven Range, Stainless Steel Appliances, Granite Counter Tops , Eat in Kitchen with Breakfast Bar, Sliders off the kitchen on to the new Deck, Formal Dinning Room, Formal Living Room with Hardwood Flooring , First floor Laundry, Master Bed Room with Master Bath, 3rd Floor Walk Up Attic, 2 Car Garage, Full Basement with Oversized Windows just waiting to be finished off , Generator Hook Up, Water Softener, Fire Pit, Heated Above ground Pool all set on 1.99 Acre Lot in a Peaceful Development. This Home Needs Nothing , Turn Key and Ready to Go !
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| Apr 28, 2005 | Sold | ||
| Sold | |||
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