12
Map
28 3rd Avenue
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 |
|---|---|---|---|
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 2, 2024 | Listed by WEICHERT CO REALTORS | $409,900 | |
| Listed by WEICHERT CO REALTORS | |||
| Feb 25, 2021 | Sold to Garret D Sutphen | ||
| Sold to Garret D Sutphen | |||
Property Highlights
28 3rd Avenue
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Comparables
Status
Price/ft²
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Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Port Reading
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WEICHERT CO REALTORS
Last Updated: 29 days ago
Data Source: CJMLS , MLS# 2506875R
