3 Florence Road
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 |
|---|---|---|---|
| May 1, 2012 | Sold | ||
| Sold | |||
| Feb 10, 2012 | Listed by Berkshire Hathaway HomeServices Verani Realty | $199,900 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
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Pride of Ownership prevails in this immaculate Cape! Move right in! Expansion possiblities. Updated good size kitchen with Stainless Steel appliances and new vinyl flooring, wains coating, new crown molding.Livingroom with ceiling fan and hardwood floors, Blown in isulation in attic. Single car garage. Fabulous backyard for summer entertaining. Many improvements. A must see! Motivated Seller!
| |||
| Feb 27, 2007 | Sold | ||
| Sold | |||
| Nov 22, 2006 | Listed by RE/MAX Leading Edge | $229,900 | |
| Listed by RE/MAX Leading Edge | |||
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Address: 335 Madison Avenue, New York, NY 10017