3 Fourth Street
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 |
|---|---|---|---|
| Dec 27, 2018 | Sold | ||
| Sold | |||
| Sep 12, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $519,000 | |
| Listed | |||
| | |||
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Beautiful Custom built Colonial on a half acre lot on a dead end street. Beautiful home features fully applianced kitchen with granite counter tops, custom cabinetry, center island and breakfast area, formal dining room with french doors leading to living room. Living room with custom built-ins surrounding the gas fireplace, Oak floors through out the 1st and 2nd floors. Anderson windows and Central AC. Over sized garage, walk out basement, Hardy plank siding. The manager has listed the unit size as 1872 square feet.
| |||
| Jun 18, 2018 | Listed by Coco, Early & Associates - Bridge Realty Division | $519,000 | |
| Listed by Coco, Early & Associates - Bridge Realty Division | |||
| Jul 16, 2012 | Sold | ||
| Sold | |||
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