36
Map
32 Lake 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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 31, 2024 | Sold | ||
Sold | |||
Apr 10, 2024 | In contract | - | |
In contract | |||
Feb 27, 2024 | Price Decreased |
$245,000
↓ $5K
(1.9%) | |
Price Decreased | |||
Nov 15, 2023 | Price Decreased |
$249,750
↓ $10K
(3.9%) | |
Price Decreased | |||
Nov 5, 2023 | Price Decreased |
$259,750
↓ $10K
(3.7%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/02/2023
| |
3 Bed
|
2 Bath
|
-
|
$269,750
3 Bed
2 Bath
|
$255,000
-5.47%
05/31/2024
|
-
|
Steven Mandeville
EXIT REALTY HOMEWARD BOUND
|
06/18/2020
| |
3 Bed
|
2 Bath
|
1680 ft²
|
$184,900
3 Bed
2 Bath
1680 ft²
|
$192,500
+4.11%
08/25/2020
|
FRANCIS J. PINKOWSKI
Country Landmarks Real Estate
|