29 Sandy Lane
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 |
|---|---|---|---|
| Jul 31, 2020 | Sold | ||
| Sold | |||
| Aug 3, 2015 | Sold | ||
| Sold | |||
| May 12, 2015 | Listed by The Edge Group, Inc. | $254,900 | |
| Listed by The Edge Group, Inc. | |||
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SELLER AND SELLER REPRESENTATIVE MAKE NO REPRESENTATIONS, EITHER EXPRESSED OR IMPLIED. SELLER ADDENDUMS APPLY. ALL OFFERS MUST ACCOMPANY THE DISCLOSURES, SELLER QUESTIONNAIRE TO BUYER, AND PREAPPROVAL. THIS PROPERTY QUALIFIES FOR FREDDIE MAC FIRST LOOK INITIATIVE THROUGH MAY 31, 2015. BEING SOLD AS IS HOME INSPECTION IS FOR INFORMATIONAL PURPOSE ONLY. WILL NOT QUALIFY FOR FHA OR CONVENTIONAL FINANCING
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| May 8, 2003 | Sold | ||
| Sold | |||
| Jan 24, 2003 | Listed by LAER Realty Partners | $339,900 | |
| Listed by LAER Realty Partners | |||
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PAWTUCKETVILLE-FULLY APPL. KITCH., PLNTY OF SPACE FOR THE LARGE FMLY OR COULD BE USED W/INLAW APT. UPDATES INCLUDE RF SIDING, SLDR DCK, PT DCK, A/C, IG POOL, FENCED IN YARD, UNDRGRND SPRINKLER SYST. & KIT APPL, BAY WNDW.
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