21 Shore Dr
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 |
---|---|---|---|
Dec 7, 2023 | Sold to Elizabeth K Reynolds, Matth... | $640,000 | |
Sold to Elizabeth K Reynolds, Matth... | |||
Nov 13, 2023 | In contract | - | |
In contract | |||
Oct 30, 2023 | Price Decreased |
$649,999
↓ $25K
(3.7%)
|
|
Price Decreased | |||
Oct 12, 2023 | Price Decreased |
$674,975
↓ $25
(0%)
|
|
Price Decreased | |||
Sep 19, 2023 | Listed by ERA Key Realty Services | $675,000 | |
Listed by ERA Key Realty Services |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/04/2006
|
|
3 Bed
|
3 Bath
|
-
|
$432,900
3 Bed
3 Bath
|
$432,900
04/28/2006
|
-
|
Elaine Payton
Choice Real Estate
|