231 South Road
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 8, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $379,000 | |
| Listed | |||
| | |||
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Plenty of room for horses and family! Open concept first floor with woodstove, front to back master bedroom on second floor. Office/bedroom on first floor for working from home and a 3/4 bath. Inlaw apartment with one bedroom in the walkout roomy basement. Six stall run in/out barn with large tack room with water plus large riding ring. Come take a look!The manager has listed the unit size as 2695 square feet.
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| Jul 12, 2017 | Listed by RE/MAX Coast to Coast | $379,000 | |
| Listed by RE/MAX Coast to Coast | |||
| Apr 16, 2010 | Listed by RE/MAX Coast to Coast | $339,000 | |
| Listed by RE/MAX Coast to Coast | |||
| Apr 7, 1994 | Sold | ||
| Sold | |||
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