24 Line Rd #B
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 3, 2017 | Sold | ||
| Sold | |||
| Dec 8, 2016 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $499,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/08/2016
|
3 Bed
|
3 Bath
|
1800 ft²
|
$499,900
3 Bed
3 Bath
1800 ft²
|
$495,000
-0.98%
02/03/2017
|
Bob Bittelari
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
10/31/2016
|
3 Bed
|
3 Bath
|
1800 ft²
|
$499,900
3 Bed
3 Bath
1800 ft²
|
$499,900
02/28/2017
|
John Cullen
Village Realty
| |
|
03/11/2016
| |
1 Bed
|
1 Bath
|
764 ft²
|
$329,900
1 Bed
1 Bath
764 ft²
|
$329,900
04/08/2016
|
Karen Coraccio
Boardwalk Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017