26 Lower County Rd
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 21, 2018 | Sold | ||
| Sold | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Listed | $389,900 | |
| Listed | |||
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This house has it all! Two family with a one bedroom one bath on one side, and a 4 bedroom main house with 2 full bathrooms. Additional land comes with the home .22 acre for expansion. Less than 1/2 mile to Dennisport beaches . This home has been well cared for by one family since 1972. The potential of this home is endless. New furnace and water tank, are a few of the improvements done. Passing title 5. Furniture can stay with home. Owner is doing a elevation certificate. Recent quote for flood insurance is $1600. That was without elevation certificate. The manager has listed the unit size as 1573 square feet.
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| Apr 16, 2018 | Listed by ERA Cape Real Estate, LLC | $389,900 | |
| Listed by ERA Cape Real Estate, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017