30 Meriam Street
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 5, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| May 5, 2025 | Price Decreased |
$995,900
↓ $33K
(3.2%) | |
| Price Decreased | |||
| Apr 29, 2025 | Price Decreased |
$1,029,000
↓ $20K
(1.9%) | |
| Price Decreased | |||
| Apr 15, 2025 | Listed | $1,049,000 | |
| Listed | |||
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