251 North 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 9, 2005 | Sold | ||
| Sold | |||
| May 6, 2005 | Listed by RE/MAX Landmark, REALTORS® | $589,000 | |
| Listed by RE/MAX Landmark, REALTORS® | |||
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Quality construction and thoughtful design- this gem was rebuilt in '02! Top of the line features and amenities including 3 new full baths, including a large master with hot tub. Balcony off master bedroom and deck off dining room make for a nice view of the 3/4 acre lot. Two zone central air, Two zone Forced Hot Water heat. Over sized garage. New kitchen and appliances, lots of hardwood, and Anderson windows to save energy!
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| Jun 28, 2001 | Sold | ||
| Sold | |||
| May 4, 2001 | Listed | $319,000 | |
| Listed | |||
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LOVELY 3 BEDROOM RANCH ON 3/4 ACRE WOODED LOT.LARGE FP LIVING ROOM, DINING ROOM WITH B-I CHINA CABINET. HARDWOOD FLOORS THROUGHOUT. CENTRAL VAC SYSTEM. PRIVATE REAR YARD. GREAT STARTER HOME OR OPPORTUNITY FOR EXPANSION.
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