250 Pacific Avenue
About This Property
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 2, 2024 | Sold to Leah Genack, Sholom M Wilheim | $897,000 | |
Sold to Leah Genack, Sholom M Wilheim | |||
Nov 7, 2023 | In contract | - | |
In contract | |||
Sep 21, 2023 | Price Decreased |
$999,999
↓ $200K
(16.7%)
|
|
Price Decreased | |||
Aug 1, 2023 | Listed by BERKSHIRE HATHAWAY | $1,200,000 | |
Listed by BERKSHIRE HATHAWAY | |||
Sep 7, 2001 | Sold to Levy R Shirley Messinetti | $165,000 | |
Sold to Levy R Shirley Messinetti |
Property Highlights
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Price/ft²
Listed On
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Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
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