2990 FLORENCE Drive
About This Property
inside laundry room with adjoining full bathroom with tiled shower enclosure. Breakfast room adjoing kitchen with new french doors (hidden blinds within glass) with direct acces to very private screened lanai. Cast iron wood buring stove, natural wood trim work. Additional concrete block 480sf garage in addition to main house garage/parking, plumbed 220V, RV storage with aluminum cover on poured concrete pad. Beautifully landscaped with split rail fence at front. Sprinkler system front yard only.
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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 |
|---|---|---|---|
| Nov 30, 2015 | Sold | ||
| Sold | |||
| Sep 12, 2015 | Listed by RE/MAX SPECIALISTS | $228,900 | |
| Listed by RE/MAX SPECIALISTS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017