3 Locust Park
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 27, 2002 | Sold | ||
| Sold | |||
| May 1, 2002 | Listed by Century 21 Citiwide | $339,900 | |
| Listed by Century 21 Citiwide | |||
| Jun 22, 1998 | Sold | ||
| Sold | |||
| Aug 29, 1997 | Listed | $59,900 | |
| Listed | |||
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LEVEL LOT ON CHILD SAFE DEAD END ST,NICE RES NBHD PURCHASE LOT ONLY OR WITH NEW HOME DEVELOPMENT PACKAGE CONST FINANCING AVAIL,SELECT YOUR OWN HOME AND PLAN MAX FOUND SIZE 29X39 APPROVED BLDG LOT,PLANS FOR RANCH OR GARRISON COLONIAL
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