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247 Marrett 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 |
|---|---|---|---|
| Jun 15, 2009 | Sold | ||
| Sold | |||
| Apr 10, 2009 | Listed by Barrett Sotheby's International Realty | $436,800 | |
| Listed by Barrett Sotheby's International Realty | |||
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Inviting sunny, well-maintained cape features cozy fireplaced living room, dining room, eat-in kitchen, deck off kitchen and two bedrooms, full bath on first floor. Second floor offers additional two bedrooms and another full bath. Improvements include: interior painted in November 2008, newer thermopane windows, front walkpath, new front storm door, new garage door. Minutes to public transportation, Clarke Middle School and walking trails.
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| Jun 24, 1987 | Sold | ||
| Sold | |||
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