1
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31 Read Drive
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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 |
|---|---|---|---|
| Aug 13, 2010 | Sold | ||
| Sold | |||
| Jan 13, 2010 | Listed by William Raveis R.E. & Home Services | $360,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Outstanding living space for growing family. Five bedrooms and two full baths - freshly painted and much updating. Oversized 2 car garage sited on a double lot providing 1.38 acres. Oak floors, tile bathrooms, new 3/4 bath. Sited in lovely Candlewood Neighborhood. Newer Harvey windows, Maple kitchen and two working fireplaces. Enjoy!
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| Jul 30, 1991 | Sold | ||
| Sold | |||
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