221 Soap Tree Drive
About This Property
Great neighborhood, with a community park, children's playground, walking trails, basketball court, green space.
Seller is motivated and packing and apologizes for any disarray. Please validate all room measurements. Showing is only Mon-Fri. 1-6 PM and 11 AM- 6 PM on weekends.
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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 |
|---|---|---|---|
| Mar 2, 2023 | Sold | ||
| Sold | |||
| Jan 9, 2023 | Listed by eXp Realty LLC | $319,000 | |
| Listed by eXp Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017