2716 SE 31st STREET
About This Property
NICE NEIGHBORHOOD. FEATURES A 2 CAR GARAGE 24 X 22, COVERED DOCK 12X17 AND 12X 25 BOATHOUSE WITH LIFT AND BOATS INCLUDED. . DUE TO FAMILY MEMBER ILLNESS THIS PROPERTY HASN'T BEEN OCCUPIED FOR THE PAST COUPLE OF YEARS. PROPERTY IS IN T FURNISHED WITH THE EXCEPTION OF 1 BEDROOM FURNISHINGS. ( WATER FRONTAGE 355 FEET.)
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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 |
|---|---|---|---|
| Dec 17, 2021 | Sold | ||
| Sold | |||
| Feb 19, 2021 | Listed by GILBERT REALTY GROUP | $450,000 | |
| Listed by GILBERT REALTY GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017