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24 Rockway 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 |
|---|---|---|---|
| Jul 23, 2009 | Sold | ||
| Sold | |||
| Feb 16, 2009 | Listed by eXp Realty | $259,500 | |
| Listed by eXp Realty | |||
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Opportunity! 7 room Contemporary Style cathedral ceiling fireplace living room with 3 bedrooms, 3.5 baths, steam room plus spa. "Roll up your sleeves and make this your dream." Residential area, abutting woodland. Birdwatchers delight! Perfect for 203K FHA purchase and improve loan. Property to be sold "as is."
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