28 Shore Drive
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2015 | Sold | ||
| Sold | |||
| Mar 16, 2015 | Listed by RE/MAX Insight | $599,900 | |
| Listed by RE/MAX Insight | |||
| Sep 17, 2002 | Sold | ||
| Sold | |||
| Aug 9, 2002 | Listed by RE/MAX Insight | $269,900 | |
| Listed by RE/MAX Insight | |||
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WATERFRONT PROPERTY ON LONG POND,COMPLETELY REMODELED KITCH, BATHROOM,NEW WINDOWS,DOORS,LG LIV-RM-DINING RM COMBO W/HDWD FLRS & FIREPLACE,SLIDER LEADS TO DECK OVERLOOKING LAKE. MINT COND.W/FUTURE EXPANSION POSS. VACATION YEAR ROUND!
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