280 Adams St
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 |
|---|---|---|---|
| Sep 29, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $250,000 | |
| Listed | |||
| | |||
|
***PRICE CHANGE $$$$*WELCOME HOME! Fresh & Clean Ranch with wonderful sunset views into Somerset! 3 Bedroom Ranch with many modern updates. Interior is freshly painted, Exterior is freshly painted, new carpets, new kitchen with granite counters. Basement can easily be finished. New Roof and many modern day updates. No seller disclosures. WILL NOT LAST!The manager has listed the unit size as 1600 square feet.
| |||
| Jun 16, 2017 | Listed by Keller Williams South Watuppa | $244,900 | |
| Listed by Keller Williams South Watuppa | |||
| May 24, 2016 | Sold | ||
| Sold | |||
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