3250 GIN Lane
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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 |
|---|---|---|---|
| Dec 19, 2016 | Sold | ||
| Sold | |||
| Apr 19, 2011 | Sold | ||
| Sold | |||
| Feb 26, 2011 | Listed by Premiere Plus Realty Co. | $2,450,000 | |
| Listed by Premiere Plus Realty Co. | |||
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Beautiful estate lot in Port Royal with preferred Southwest exposure. Angled waterfront building line allows for wide views overlooking Smuggler's Bay. !!!!! Port Royal Club membership available with this property.!!!! Owner/builder would consider building a custom home on this property for a buyer through his company "Martin Homes" or selling vacant property alone.
| |||
| Dec 15, 2010 | Listed by Premiere Plus Realty Co. | $2,650,000 | |
| Listed by Premiere Plus Realty Co. | |||
| Nov 16, 2010 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017