28 Power Street
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 |
|---|---|---|---|
| Dec 9, 2021 | Sold | ||
| Sold | |||
| Jan 5, 2021 | Listed by Millennial Realty Group | $625,000 | |
| Listed by Millennial Realty Group | |||
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Opportunity!! Two single family properties on one 1.6 acre lot. Unit 28 and unit 28R. Unit 28 (front) offers 3 beds and 1 bath. Unit 28R offers 2 beds 1 bath with an attached 2 car garage. Huge deck as well. Oversized lot at over 1.5 acres. Rare opportunity to live in one property, maybe rent out to other or use it for extended family!! Great property, second unit in rear has great potential to be the owners unit- or whatever you may want! Don't miss out on this one.* Updates include new appliances, new electric service, fresh paint and well maintained septic systems. Unique property!!
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| Aug 4, 2006 | Sold | ||
| Sold | |||
| Feb 11, 2006 | Listed by StartPoint Realty | $339,000 | |
| Listed by StartPoint Realty | |||
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Two for the price of one! Charming 3 bedroom farmhouse plus cottage/shop located on private country setting. Main house offers large kitchen/dining,living room with hardwoods,full bath and office with built-ins..Lovely french doors, detailed moldings* Cottage/work studio offers large one floor 1000 square foot space,full bath,partial kitchen,woodstove/electric heat,3 phase 200 amp electric* ample parking for either home business or possible in-law* your wish* both Title V's in hand
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