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22 Fourth Avenue
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2006 | Sold | ||
| Sold | |||
| Aug 22, 2006 | Listed by Results Realty | $234,000 | |
| Listed by Results Realty | |||
| | |||
|
BANK OWNED CAPE STYLE HOME WITH 6 ROOMS, 4 BEDROOMS, APPROXIMATELY 1,248 SQUARE FEET. HAS NEWER KITCHEN CABINETS. UPDATED BATHS WITH CERAMIC TILE FLOORS. ON 0.22 ACRES WITH A PAVED DRIVE AND LARGE STORAGE SHED ONE SIDE USED AS AN OFFICE. NEEDS SOME REPAIRS. BANK OWNED SOLD IN 'AS-IS' CONDITION. CALL TODAY FOR A SHOWING.
| |||
| Aug 2, 2005 | Sold | ||
| Sold | |||
| May 5, 2005 | Listed | $289,900 | |
| Listed | |||
| Jul 31, 2003 | Sold | ||
| Sold | |||
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