29 Island Parkway W
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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2024 | Sold | $565,000 | |
| Sold | |||
| Jan 8, 2024 | In contract | - | |
| In contract | |||
| Sep 9, 2023 | Listed by Cornerstone R E Services LLC | $589,000 | |
| Listed by Cornerstone R E Services LLC | |||
Property Highlights
Building Info
Overview
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29 Island Parkway W
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Comparables
Status
Price/ft²
Listed On
Sold On
About Harbor Isle
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Nearby Rentals
$5,000 /mo
- 3 Beds
- 3 Baths
$4,500 /mo
- 3 Beds
- 2 Baths
Data Source: OneKey MLS
