2697 Ginger Ln
About This Property
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 26, 2024 | Price Decreased |
$129,900
↓ $10K
(7.2%) | |
Price Decreased | |||
Nov 10, 2024 | Price Decreased |
$139,900
↓ $7K
(4.5%) | |
Price Decreased | |||
Oct 24, 2024 | Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY | $146,500 | |
Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY | |||
Jul 7, 2016 | Sold to Ashley M Raiders | $74,000 | |
Sold to Ashley M Raiders |
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Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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