LOT 2 Sea Tower Drive
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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 |
|---|---|---|---|
| Sep 15, 2006 | Sold | ||
| Sold | |||
| Oct 22, 2004 | Listed by eXp Realty | $419,900 | |
| Listed by eXp Realty | |||
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17 LOT SUBDIVISION IN HANDY LOCATION. QUALITY BUILDER TO START CONSTRUCTION IN NOV. 36X26 CAPES START AT $409,900, COLONIALS STARTING AT $419,900. ADD 28,000 FOR GARAGE ATT'd.CALL FOR SPECS!Photo is Facsimile. Porch & Bump-out extra $.
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