lot 23 Hilltop Drive
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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 |
|---|---|---|---|
| Nov 1, 2023 | Sold | ||
| Sold | |||
| Sep 5, 2006 | Sold | ||
| Sold | |||
| Jan 30, 2006 | Listed by Tri-State Platinum Realty | $539,000 | |
| Listed by Tri-State Platinum Realty | |||
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Subdivision, Gorgeous design, open with 9 ft ceilings on first floor, dramatic family room vaulted ceiling and skylights, masonary fireplace open to kitchen, breakfast area has walk out bay, dining room and living room seperated by pillars that give great openess. 2 story foyer. Large master bedroom with super size bath with whirlpool tub. Hydro air and heat 2+ acre lot. Well worth the visit!
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| Nov 3, 2003 | Sold | ||
| Sold | |||
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