216 Broad St #0
About This Property
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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 |
|---|---|---|---|
| Apr 27, 2015 | Sold | ||
| Sold | |||
| Dec 19, 2013 | Sold | ||
| Sold | |||
| Nov 5, 2012 | Listed by S.Y.K. Corporation | $120,000 | |
| Listed by S.Y.K. Corporation | |||
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Great opportunity for the right buyer. Fannie Mae has verbally approved $120,000 - Sold As Is. Property has been vacant since Feb 2011 and has deferred maintenance. and is winterized. Rehab type loans or cash; possibly conventional. FHA and VA will not work. “$5000 cash short sale negotiation fee payable by buyer - due upon delivery of the deed and cannot be financed”,
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| Oct 7, 2003 | Sold | ||
| Sold | |||
| Jun 5, 2003 | Listed by ERA Key Realty Services - Distinctive Group | $249,900 | |
| Listed by ERA Key Realty Services - Distinctive Group | |||
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CHARMING COL W/OPEN FLR PLAN.BEAUTIFUL OAK KIT,GREAT FAM RM W/PELLET STOVE,ROOF APPROX 1YR OLD,WTR HTR APPROX 1YR OLD, RPLCMNT WNDWS 1ST FLR LAUNDRY.GREAT FAMILY HOME.BRING YOUR FUSSIEST BUYERS.
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