252 MAJORCA Road
About This Property
Set against serene marshlands, imagine starting your days with breathtaking sunrises over Frank Butler County Park West and its vibrant nature preserve. The local fauna enhances the area's charm, while high tide provides perfect opportunities for paddleboarding and kayaking directly from your backyard.
As dusk falls, the skies transform into a spectacle of colors, setting a picturesque scene each evening.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 4, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Jan 4, 2025 | Relisted | $395,000 | |
| Relisted | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by ENDLESS SUMMER REALTY | $395,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017