2 Raymond Circle
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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 20, 2011 | Sold | ||
| Sold | |||
| Apr 11, 2011 | Listed by RE/MAX 360 | $344,500 | |
| Listed by RE/MAX 360 | |||
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Custom Ranch in Cul de Sac Family neighborhood,short walk to elem+middle sch.Conservation land abuts neighborhood for hiking,exploring+sledding.Newer Kitchen+Baths,recessed lights,crown moldings,surround sound in Both Family rooms+outside on private Mahogany deck.Granite+Tile in updated baths,newer arch roof,top of line furnace and ht water,Guaranteed dry basement w/B Dry,additional 450 sq feet in finished lower level ideal for Families or In Laws,Beautiful unique yard with potential to fence in
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| Sep 1, 2010 | Listed by RE/MAX Prestige | $348,500 | |
| Listed by RE/MAX Prestige | |||
| Jul 28, 1994 | Sold | ||
| Sold | |||
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