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3 Cardinal Drive
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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 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 31, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $365,000 | |
| Listed | |||
| | |||
|
Huge price drop! Well maintained contemporary Cape, On Beautiful Grounds! Featuring Over 3,000 Sq. Ft. of living area. Very large rooms with first floor master suite. Hardwood floors, newer roof, irrigation, partially finished basement, beautiful sun room, which overlooks awesome pool area. Inground, gunite pool for Summer entertaining. Awesome commuter location to either route 3 or 93. Just seconds to route 102. Very aggressively priced home, which is rare find in this very hot seller's market. The manager has listed the unit size as 2849 square feet.
| |||
| May 1, 2018 | Listed | $365,000 | |
| Listed | |||
| Oct 9, 2009 | Sold | ||
| Sold | |||
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