21 Little Nahant Rd
About This Property
Listed By
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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 |
---|---|---|---|
Nov 24, 2024 | In contract | - | |
In contract | |||
Nov 2, 2024 | Price Decreased |
$945,000
↓ $15K
(1.6%) | |
Price Decreased | |||
Oct 8, 2024 | Price Decreased |
$960,000
↓ $25K
(2.5%) | |
Price Decreased | |||
Oct 6, 2024 | Price Decreased |
$985,000
↓ $94K
(8.7%) | |
Price Decreased | |||
Sep 11, 2024 | Relisted | $1,079,000 | |
Relisted |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/13/2023
| |
3 Bed
|
2 Bath
|
1275 ft²
|
$1,090,000
3 Bed
2 Bath
1275 ft²
|
$999,000
-8.35%
08/25/2023
|
Judi Moccia
REAL ESTATE and Company
| |
06/30/2021
| |
3 Bed
|
1 Bath
|
1275 ft²
|
$725,000
3 Bed
1 Bath
1275 ft²
|
$665,000
-8.28%
08/27/2021
|
Linda Jenkins
REAL ESTATE and Company
|