24 Florence Street
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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 |
|---|---|---|---|
| Oct 5, 2017 | Sold | ||
| Sold | |||
| Aug 4, 2017 | Listed by Realty 123 Inc | $349,000 | |
| Listed by Realty 123 Inc | |||
| May 1, 2017 | Sold | ||
| Sold | |||
| Apr 13, 2016 | Listed by Keystone Realty USA Corp | $245,000 | |
| Listed by Keystone Realty USA Corp | |||
| | |||
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Unique Cape With Three Bedrooms On Second Floor. Quiet Street, Large Eat-In Kitchen And Dinning Room, Full 8' High Basement. Near Lake & Walk To Town Park On The Bay. Room To Expand., Additional information: Appearance:Excellent,Interior Features:Lr/Dr
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About East Patchogue
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Data Source: OneKey MLS
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