23 Locust 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 |
|---|---|---|---|
| Aug 6, 2018 | No longer available | - | |
| No longer available | |||
| Aug 3, 2018 | Sold | ||
| Sold | |||
| Jun 13, 2018 | Listed | $269,500 | |
| Listed | |||
| | |||
|
Well maintained cape that has been completely updated. Features pellet stove in LR, new kitchen with SS appliances & granite counters, hardwood floors as seen, (windows, roof, siding, insulation, furnace, oil tank, bathroom, plumbing all new 2003), large level backyard with patio, enclosed porch off kitchen, den/office/4th bedroom, full unfinished walkout basement for plenty of storage. Convenient to schools, shopping, highways, trains. Taxes DO NOT include star savings of $1,052. Great value, a must see. The manager has listed the unit size as 1224 square feet.
| |||
| Jan 22, 2018 | Listed by RE/MAX Classic Realty | $269,500 | |
| Listed by RE/MAX Classic Realty | |||
| Jan 5, 2004 | Sold | ||
| Sold | |||
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