2603 S Joe Wright Drive
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 |
|---|---|---|---|
| Mar 15, 2023 | Sold | ||
| Sold | |||
| Nov 21, 2022 | Listed by Norman & Norman Realtors | $115,000 | |
| Listed by Norman & Norman Realtors | |||
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The home is move-in ready and conveniently located near most shops and stores within 2-4 miles. This cozy home has been renovated. Kitchen remodeling includes updated cabinets, black/stainless steel stoves, and updated countertops. In addition to brand-new LVT flooring, there are plush carpets as well. A replacement roof and an HVAC System were installed. Fresh paint was applied throughout the house. There are also two newly renovated bathrooms. The replacement of multiple windows, the front and back porches, and many other things are completed. To schedule your viewing, contact a Realtor Today.
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| Nov 10, 2022 | Listed by Norman & Norman Realtors | $115,000 | |
| Listed by Norman & Norman Realtors | |||
| Sep 17, 2007 | Sold | ||
| Sold | |||
| Jan 1, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017