226 Circle Drive
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 |
|---|---|---|---|
| Jun 17, 2022 | Sold | ||
| Sold | |||
| Apr 12, 2022 | Listed by EXP Realty | $299,000 | |
| Listed by EXP Realty | |||
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Why rent when you can own this move in ready ranch in highly desirable Cherry Quay. The home features two bedrooms, a recently renovated full bath, spacious living area, mud room, and recently renovated kitchen equipped with stainless steal appliances, and a separate dining area. Screened in sun room off the back of the home leads you to the low maintenance and fully fenced in backyard. Electric shed and attic space completes the home and provides ample storage. The neighborhood also features an optional clubhouse association for only $80/ season and includes a playground, bay beach area and boat/jetski ramp for members! Perfect starter home or summer getaway close to beaches
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| Sep 3, 2020 | Sold | ||
| Sold | |||
| Mar 9, 2020 | Listed by Weichert Realtors-Brick | $239,900 | |
| Listed by Weichert Realtors-Brick | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017