8
Map
2 Rabie Road
About This Property
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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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Price Decreased |
$149,400
↓ $6K
(3.6%) | |
| Price Decreased | |||
| May 30, 2024 | Price Decreased |
$154,900
↓ $5K
(3.1%) | |
| Price Decreased | |||
| Apr 19, 2024 | Price Decreased |
$159,900
↓ $20K
(11.1%) | |
| Price Decreased | |||
Property Highlights
2 Rabie Road
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Rensselaer
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Howard Hanna
Last Updated: 6 months ago
Data Source: Global MLS , MLS# 202415173
