3 Meena Drive
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 |
|---|---|---|---|
| Jan 23, 2015 | Sold | ||
| Sold | |||
| Oct 27, 2014 | Sold | ||
| Sold | |||
| Jun 10, 2014 | Listed by #1 Realty Group | $200,000 | |
| Listed by #1 Realty Group | |||
| Oct 6, 2003 | Sold | ||
| Sold | |||
| Feb 19, 2003 | Listed by Equity Properties Inc. | $274,900 | |
| Listed by Equity Properties Inc. | |||
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WORCESTER'S NEWEST NIEGHBORHOOD**"EDGEWATER ESTATES"** MOVE IN BY SUMMER TIME. 2 BEAUTIFUL HOME DESIGNS TO CHOOSE FROM, BOTH OFFERS 4 BDRMS,2.5 BTHS, FRPL IN FAMILY RM, 2 CAR GARAGE, ALSO AVAIL IS 300+ SF OPT BONUS RM..CALL FOR INFO
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