1
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22 Margo Rd
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 |
|---|---|---|---|
| Nov 13, 2009 | Sold | ||
| Sold | |||
| Sep 18, 2009 | Listed | $419,000 | |
| Listed | |||
| Aug 13, 1999 | Sold | ||
| Sold | |||
| Jun 10, 1996 | Sold | ||
| Sold | |||
| Mar 13, 1996 | Listed by Hammond Residential Real Estate | $179,000 | |
| Listed by Hammond Residential Real Estate | |||
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SPECTACULAR VIEWS FROM ALL ROOMS AND DECK. ADORABLE 3BR RANCH FEATURES OPEN FLOOR PLAN W CEDAR CLOSETS. DEAD END STREET NEAR NEWTON LINE AND WALK TO TRANSPORT EASY MAINTENANCE, GREAT CONDO ALTERNATIVE. NOT A DRIVE-BY!
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