3 Causeway Rd
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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 |
|---|---|---|---|
| Jan 27, 2014 | Sold | ||
| Sold | |||
| Aug 15, 2012 | Listed by eXp Realty | $199,900 | |
| Listed by eXp Realty | |||
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Short sale was approved but buyers' financing fell through. Uupgrades throughout. Kitchen offers granite counters, center island, stainless appliances. Opens to living room with fireplace. Hardwood floors throughout. Beautiful tile work in both bathrooms, w/dual vanity in main bath & unique slate-walled shower in lower bath. Breezeway for storage, opens to large deck, level yard. Updated windows, doors, roof apprx 2-3 yrs, per owner. Attached 2-car garage. Bank says find a buyer! Short sale-3rd party approval required.
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| Sep 2, 2005 | Sold | ||
| Sold | |||
| Apr 7, 2005 | Listed by RE/MAX Prof Associates | $274,900 | |
| Listed by RE/MAX Prof Associates | |||
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