245 Teer 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 |
|---|---|---|---|
| Sep 7, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $234,500 | |
| Listed | |||
| | |||
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More than meets the eye! Quality construction and efficient! This pretty cape is sure not to disappoint. Cherry dining room floor, propane fireplace, deck, energy star boiler, stainless hot water heater, tilt out windows and well insulated throughout. The lot boasts two potential pond sites, blackberry and raspberry bushes and nice country setting. Short walk to Star Lake, Belmont and State Forest. Be part of a active community while living in an easily maintained and efficient home. The manager has listed the unit size as 1956 square feet.
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| Oct 4, 2017 | Listed by Kelley Real Estate, Inc. | $234,500 | |
| Listed by Kelley Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017