30 Adair 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 |
|---|---|---|---|
| Nov 22, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | Listed by Bay Coast Realty | $299,000 | |
| Listed by Bay Coast Realty | |||
| Nov 26, 2013 | Sold | ||
| Sold | |||
| Jun 12, 2013 | Listed by Real Estate, LTD | $75,000 | |
| Listed by Real Estate, LTD | |||
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Large Corner Lot perfect for building new and helping to create ''The New Shore Acres'' community. Lot is irregular but much bigger than R5 Zoning requires. Survey and Elevation Certificate available upon request. Storm Damaged Home currently on property. Buyer is responsible for all due diligence regarding flood elevation requirements
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017