3A Balcom Lane
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 |
|---|---|---|---|
| Aug 11, 2011 | Sold | ||
| Sold | |||
| Jan 27, 2011 | Listed by Colonial Homes Real Estate | $535,000 | |
| Listed by Colonial Homes Real Estate | |||
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HOUSE IS NOT BUILT YET-PICTURE OF HOUSE IS "SIMILAR TO BE BUILT".Naked and New!ONE OF SEVEN NEW HOMES.You get to pick thecabinets,tile,carpeting,appliances,light fixtures,and paint of this TO BE BUILT,4 bedroom,2 1/2 bath,central vacuum,central air,2 car attached garage,2,600-square-foot Colonial that will reflect your individual taste at a "must see now" precompletion price of just $535,000. LARGEST LOT THERE! Bring your Buyer's and let's talk.Call for spec's and floor plan.
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| Jun 25, 2010 | Sold | ||
| Sold | |||
| Jun 30, 2009 | Listed by Colonial Homes Real Estate | $499,900 | |
| Listed by Colonial Homes Real Estate | |||
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