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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 |
|---|---|---|---|
| Apr 29, 2022 | No longer available | - | |
| No longer available | |||
| Mar 31, 2022 | Price Decreased |
$599,990
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Mar 9, 2022 | Listed by Keller Williams Realty Elite | $649,990 | |
| Listed by Keller Williams Realty Elite | |||
| | |||
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GREAT OPPORTUNITY IN SHORIDGE HILLS COMMUNITY!!!! NORTH OF NORTH COUNTRY ROAD WITH EASY ACCESS TO PRIVATE BEACH ($225 FEE YEARLY). SUBJECT BACKS TO PRIVATE GREENWAY WHICH CAN NOT BE BUILT ON!!! LOCATED IN THE HIGHLY RATED SHOREHAM-WADING RIVER SCHOOL DISTRICT!!! FULL BASEMENT WITH SEPRATE ENTRANCE ALLOWS FOR POSSIBLE MOTHER/DAUGHTER WITH PROPER PERMITS!!! TO MANY UPDATES TO LIST!!!! TAXES WITH BASIC STAR $11,852.50!!!! WILL NOT LAST!!!! The manager has listed the unit size as 1734 square feet.
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| Sep 17, 2013 | Sold | ||
| Sold | |||
| Aug 31, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017